European Shares Poised For Soft Start As US Bond Market Jitters Persist

European stocks are seen opening flat to slightly lower on Friday as doubts persist over rescue efforts to address liquidity issues in the U.S. government bond market.

The Treasury’s move to boost its government debt buybacks failed to calm markets. With the U.S. national debt doubling over the last decade to hit a record $40 trillion and Brent crude prices surging above $93 a barrel amid the impasse in talks for deal end the U.S.-Iran war, analysts say that any effect on bond yields would prove temporary.