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These 5 FTSE 100 shares have crashed since February! Which would I buy today?

These 5 FTSE 100 shares have crashed since February! Which would I buy today? More on: Image source: Getty Images. Stock markets have been a bit more anxious and volatile over the past month. Fears of rising inflation have caused government bond yields to climb. As bond yields rise and prices fall, they look more attractive relative to shares. Thus, highly valued shares notably US tech stocks have dropped in value recently. However, the FTSE 100 which I regard as cheap today is up by over 165 points (2.5%) since 8 February. The FTSE 100’s winners Although the FTSE 100 is up by 2.5% over one month, it includes both winners and losers. Of the 101 shares in the FTSE 100 (one company is dual-listed), 50 have risen in 30 days. The gains from these winners range from 37.0% to 0.1%. Overall, the average rise across all 50 winners is 10% four times the index’s return.

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FTSE 100 opens in the red after Wall Street bond yield wobble

FTSE 100 opens in the red after Wall Street bond yield wobble
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Europe under pressure, looking to US payrolls

Share this US Federal Reserve chair Jay Powell’s comments last night, that the Fed was focused on its dual mandate of unemployment and inflation, and that the central bank was a long way from meeting either, would under normal circumstances have been enough to assuage market concerns about a premature tightening of policy. By not specifically referencing or expressing concern over the recent move higher in longer-term US yields, and looking to hold the markets hand, it was perhaps not surprising that the bond sell-off continued, however whether the sell-off is sustained is a different matter entirely. The rise in commodity prices does appear to be showing signs of cooling, setting aside the continued strength in oil prices, with base metals prices showing recent signs of weakness.

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