Bearish
FTSE 100 declines 0.8% to 10,458.5 as banks lead losses amid rising bond yields
The FTSE 100 index fell 0.8% to 10,458.5 points on October 7, 2026, as financial stocks led the decline. The drop was influenced by surging bond yields and elevated oil prices, which dampened investor sentiment. The British 30-year bond yield reached a 28-year high, and Brent crude prices held around $101 per barrel.
Key points
- Banks lead FTSE 100 decline as bond yields and oil prices surge.
- Shell's refining margins expected to reach record $42 per barrel.
- British 30-year bond yields hit 28-year high amid global bond selloff.
Sources
AI-generated from public news sources. Not financial advice.
