"Market Watch: Stocks Flat, Bond Yields Rise Ahead of Fed Meeting"

Traders are pushing yields up ahead of the Federal Reserve's meeting, where rates are expected to remain steady but concerns about future hikes due to rising inflation persist. The acceleration in inflation is partly attributed to higher oil prices caused by Saudi production cuts. Several central banks, including the Bank of England and Bank of Japan, are also set to make decisions this week. US stocks struggled after a tech-led selloff, while European stocks fell. Asian markets were mixed.