Business

European markets are in the red as investors pay attention to the Fed meeting


London -0.28%

Germany -0.41%

France -0.56%

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%.

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