FTSE falls as gilt yields keep rising and dashed US rate cut hopes hit stocks
1 day, 22 hours ago

FTSE falls as gilt yields keep rising and dashed US rate cut hopes hit stocks

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FTSE 100 fell on Monday amid continued market jitters over rising public borrowing costs, and as expectations for further interest rate cuts by the Federal Reserve were slashed. Much of what is happening with borrowing costs is outside of the Government’s control but with the Prime Minister being asked questions about how much faith he has in his Chancellor after only six months in the job, muck is sticking. Danni Hewson, head of financial analysis at AJ Bell, said: “Much of what is happening with borrowing costs is outside of the Government’s control but with the Prime Minister being asked questions about how much faith he has in his Chancellor after only six months in the job, muck is sticking and attempts to change the narrative aren’t working.” Friday’s strong jobs data from the US also prompted traders to pare back hopes of interest rate cuts from the Fed this year.

History of this topic

Sterling falls for fourth straight day to hit 14-month low after US jobs data, 30-year gilts highest since July 1998
4 days, 22 hours ago
London’s FTSE 250 slumps and pound weakens as UK gilt yields spike
6 days, 21 hours ago
FTSE 100 edges back after housing and bank shares fall
1 week ago
New Year rally wanes for FTSE 100 while pound gains ground
1 week, 4 days ago
London’s FTSE 100 loses ground as UK service sector growth slows
1 month, 1 week ago
Trump tariff ‘surprise’ pushes FTSE 100 into the red
1 month, 2 weeks ago
FTSE 100 lifts to month-high amid strong banking stocks
1 month, 2 weeks ago
Banks boost FTSE 100 while European stocks rebound
2 months ago
FTSE 100 recovers ground after market jitters
2 months, 1 week ago
FTSE 100 regains most of its losses after early falls
2 months, 3 weeks ago
FTSE 100 rises while UK Government hopes to win over global investors
3 months ago
UK stocks swing into the red as oil prices retreat
3 months ago
UK stocks falter and pound weakens despite OECD upgrading growth outlook
3 months, 2 weeks ago
FTSE 100 reverses gains as week of ‘profit-taking’ takes toll on European stocks
3 months, 3 weeks ago
FTSE 100 nudges up on higher Fed rate cut hopes
4 months ago
FTSE slightly higher at close as global traders await Jackson Hole summit
4 months, 3 weeks ago
FTSE 100 falls after blue-chips including BT, Shell and BP slide
4 months, 3 weeks ago
FTSE 100 makes strong gains as European markets bounce back
5 months, 1 week ago
FTSE 100 falls after US jobs data sparks recession fears
5 months, 1 week ago
FTSE 100 tumbles on Bank of England’s cautious tone after rate cut
5 months, 1 week ago
FTSE 100 surges in value amid strong blue-chip showing
5 months, 2 weeks ago
FTSE 100 weakens amid choppy trading for global markets
5 months, 2 weeks ago
London markets end week on a high as NatWest helps lift FTSE 100
5 months, 2 weeks ago
UK stock markets rise after economic growth beats forecasts
6 months ago
FTSE 100 dips amid weakness from blue-chip industrial stocks
6 months, 3 weeks ago
FTSE 100 makes small gains after inflation returns to Government target
6 months, 3 weeks ago
FTSE 100 falls as utility sector weighs on market
7 months, 3 weeks ago
FTSE 100 makes further gains but retreats from intraday high
8 months ago
Global stock market rally continues as FTSE 100 races to another record high
8 months, 1 week ago
FTSE reaches another record level on strong earnings and Anglo American bid
8 months, 2 weeks ago
FTSE 100 dips after strong week
9 months, 2 weeks ago
Unilever helps lift FTSE 100 into the green ahead of new UK inflation data
9 months, 3 weeks ago
FTSE drops as US court case dents Reckitt’s shares
9 months, 4 weeks ago
FTSE 100 slips as pound climbs against weak dollar
10 months ago
FTSE lower as HSBC shares slide on below-forecast profits
10 months, 3 weeks ago
Top UK shares boosted after inflation beats forecasts
11 months ago
FTSE 100 drops as interest rate concerns weigh on housebuilders
11 months ago
London’s FTSE 100 lags behind peers as pharmaceutical giants weigh
11 months ago
FTSE drops as falling oil prices put pressure on energy stocks
11 months, 1 week ago
FTSE slips into the red after Bank of England keeps interest rates on hold
11 months, 1 week ago
Gamblers lead FTSE in slight gain as it lags European peers
11 months, 3 weeks ago
FTSE 100 drops to month low as rate cut hopes ease
11 months, 4 weeks ago
FTSE 100 closes down as retailers and banks weigh
11 months, 4 weeks ago
FTSE climbs to three-month high after Christmas break
1 year ago
US inflation figures put spring back in the step of global markets
1 year, 2 months ago
FTSE continues uninspiring week with another small drop
1 year, 2 months ago
FTSE treads water but outperforms European rivals
1 year, 2 months ago
Bruising week for European stocks sees FTSE 100 end in the red
1 year, 2 months ago
FTSE 100 slides after UK inflation sticks
1 year, 2 months ago

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