Homebuilders lift FTSE 100 as gilt yields retreat
British stocks rose as housing and construction shares rallied on strong results from Barratt Redrow, while gilt yields retreated; markets awaited the U.S. Federal Reserve’s rate decision.
British stocks advanced on Wednesday as housing and construction shares gained after strong results from Barratt Redrow, while a sharp retreat in gilt yields also supported the market. S. Federal Reserve's interest rate decision.