LONDON—September got off to a bumpy start as persistent worries about rising global interest rates and recessions hounded stock and bond markets on Thursday and drove the safe-haven U.S. dollar to a 24-year high against the yen.
Near 1 percent falls in London, Frankfurt, Paris, and Milan pushed the STOXX 600 to its lowest since mid-July, and bond market selling continued after the biggest monthly rout in decades.
