European stock markets closed lower on Friday as rising U.S. bond yields pushed the dollar to a more than 13-and-a-half-year high as investors eyed Federal Reserve member comments and upped bets on a December rate hike.

Europe's leading Blue-chip index, EURO STOXX 50 fell 20.96 points or 0.69 percent to settle at 3,020.83. UK's benchmark index FTSE 100 lost 18.94 points or 0.28 percent to close at 6,775.77.

Meanwhile, Germany's benchmark index DAX fell 20.98 points or 0.2 percent to end at 10,664.56. French benchmark index CAC 40 lost 23.42 points or 0.52 percent to end at 4,504.35.