London midcaps slide to nearly one-month low as gilt yields surge
London midcap stocks slipped to a nearly one-month low on Wednesday, extending losses as UK bond yields hit 19-year highs amid renewed inflation fears.
London's midcap stocks slipped to a nearly one-month low on Wednesday, extending losses as UK bond yields hit 19-year highs on renewed inflation fears after the U.S. and Iran exchanged fresh strikes in the Middle East.The blue-chip FTSE 100 index CURRENCYCOM:UK100 fell 0.3% to 10,756.45 points, whi…