Fed Outlook, Bond Yields Cap European Bourse Midday

06:44 AM EST, 12/09/2025 (MT Newswires) -- European bourses tracked evenly midday Tuesday as traders awaited the Federal Reserve's rate decision on Wednesday, and weighed recent advances in benchmark bond yields.

Food and bank stocks edged higher on continental trading floors, while retail shares lagged.

Investors also eyed muted Wall Street futures and generally softer closes overnight on Asian exchanges.

In economic news, Germany's goods exports logged at 131.3 billion euros in October, up 0.1% on month, and up 4.2% on year, reported Destatis. Goods imports stood at 114.5 billion euros in October, down 1.2% on the month, and up 2.8% on the year.

The pan-continental Stoxx Europe 600 Index was steady mid-session.

The Stoxx Europe 600 Technology Index was flat, but the Stoxx 600 Banks Index gained 0.3%.

The Stoxx Europe 600 Oil and Gas Index was stable, while the Stoxx 600 Europe Food and Beverage Index rose 0.1%.

The REITE, a European REIT index, was largely unchanged, while the Stoxx Europe 600 Retail Index was down 0.6%.

On the national market indexes, Germany's DAX was up 0.3%, and the FTSE 100 in London gained 0.1%. The CAC 40 in Paris was down 0.5%, and Spain's IBEX 35 eased 0.1%.

Yields on benchmark 10-year German bonds were modestly lower, near 2.84%.

Front-month North Sea Brent crude oil futures were up 0.3% at $62.68 a barrel.

The Euro Stoxx 50 volatility index was up 0.8% at 16.43, indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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