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FTSE 100 Live: UK Gilts Join Global Bond Selloff

Bloomberg Markets •
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The FTSE 100 fell as UK gilts joined a broader global bond selloff, driven by rising yields and shifting central bank expectations. Bloomberg reports that UK government bonds mirrored losses seen in US and European markets, reflecting renewed inflation concerns and hawkish policy signals. Investors adjusted portfolios amid heightened volatility, with longer-dated gilts under particular pressure.

The selloff underscored tightening financial conditions and raised borrowing cost outlook for the UK economy. Market participants monitored upcoming data releases and policy commentary for further direction.