FTSE 100 Closes Down on Rising Yields morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
The FTSE 100 closed up 0.11% Thursday, though it slightly underperformed more positive European peers as surging gilt yields weigh on the index. House builders and real estate stocks are bearing.
The FTSE 100 closed down 0.7% despite the short-lived boost stocks enjoyed after the Bank of England voted to keep its key interest rate unchanged at 5.25%, ending a run of 14 consecutive rises..
The FTSE 100 Closed Down Despite the Bank of England Leaving Rates Unchanged morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
UK Short-Term Gilt Yields Rise Faster Than Long-Term Gilt Yields 1140 GMT - Short-dated gilt yields are rising faster than long-dated gilt yields as markets expect more Bank of England.