European markets are in the red as investors pay attention to the Fed meeting
European bond yields soar after Spanish inflation data
European Union Stoxx 600 down -0.62% shortly after opening, with all telecommunications sectors in red. Technology leads losses.
Upcoming in session: Germany’s preliminary GDP lines up at 4 a.m. ET.
In the bond market, the 10-year US Treasury bond yield rose 2 basis points to 3.53%.
German 10-year yields rose 5 basis points to 2.30%.
The UK 10-year bond yield rose 2 basis points to 3.35%.