Bearish
FTSE 100 declines 0.2% as bond yields surge to multi-decade highs
The FTSE 100 index fell 0.2% on October 8, 2026, closing at 10,428.7 points, as rising global bond yields dampened investor sentiment. The 10-year UK gilt yield reached a 19-year high of 5.527%, contributing to the market's decline.
Key points
- FTSE 100 closes at 10,428.7, down 0.2%, amid rising bond yields.
- 10-year UK gilt yield hits 19-year high of 5.527%, impacting equities.
- Energy stocks rise 3.7% as BP and Shell gain 4% and 3.6%, respectively.
- Healthcare sector declines 2.2%, marking its largest one-day drop in over two months.
Sources
AI-generated from public news sources. Not financial advice.
