Oct 5 (Reuters) - European shares regained some poise on Thursday after a three-day selloff on concerns about elevated interest rates that had pushed U.S. and European government bond yields to multi-year highs.
The continent-wide STOXX 600 index rose 0.3% by 0720 GMT, having closed at a fresh six-month low on Wednesday.
Offering relief to battered stocks, longer-dated U.S. Treasury yields eased from 16-year highs after data on Wednesday showed that U.S. jobs growth was below economists' expectations in September.
Euro zone bond yields also retreated, following an overnight slump in oil prices that saw Brent crude futures shed more than 5% on worries about fuel demand destruction. Brent prices recovered slightly on Thursday to trade at $86.1 per barrel.
Jewellery retailer Pandora jumped 8% to 1-1/2 year highs after it raised its growth, saying investments in the brand and store network were paying off, but sounded a note of caution on China.
Alstom shares were seen falling about 30%, as per LSEG Eikon data, after the French train manufacturer warned its full-year free cash flow would be negative due to a ramp-up in production and delays in some orders.
(Reporting by Sruthi Shankar in Bengaluru; Editing by Janane Venkatraman)
