European bonds fall after German inflation data: Markets Wrap

News Snapshot:

(Bloomberg) — European bonds slipped and stocks wavered after the latest data suggested inflation may not yet be fully on the retreat in the euro area. Most Read from Bloomberg Germany’s 10-year yield jumped as much as five basis points to 2.56% after the consumer price index in the bellwether state of North Rhine-Westphalia rose in August. Subsequent reports showed prices also quickened in two other states, while easing in two regions. Spanish inflation also accelerated. The Stoxx Europe 600 was little changed. Among individual movers, Prudential Plc climbed more than 3% after posting a rise in new business profit....