Bearish
FTSE 100 edges lower amid rising bond yields and weaker metal prices.
The FTSE 100 declined by 0.10% to close at 10,684.88 on September 28, 2026. This downturn was influenced by a 4.9% drop in precious metals and a 1.2% decrease in industrial miners, reflecting investor concerns over rising bond yields and declining metal prices. Additionally, oil prices surged over 3% following the U.S. rejection of an Iran peace plan, intensifying inflation fears and expectations of higher global interest rates. Consequently, the yield on the British 10-year government bond reached its highest level since July 2007.
Key points
- FTSE 100 declines 0.10% amid rising bond yields and weaker metal prices.
- Oil prices surge over 3% after U.S. rejects Iran peace plan, fueling inflation concerns.
- British 10-year government bond yield hits highest level since July 2007.
Sources
AI-generated from public news sources. Not financial advice.
