London Shares Recover as Bond Sell-Off Eases, Oil Prices Slip
The UK's FTSE 100 index rose 0.28% to 10,455.34 points on Friday, rebounding as easing bond yields and oil prices helped to alleviate inflation concerns. This recovery follows a global bond sell-off earlier in the week that had dented risk appetite.
The UK's FTSE 100 rebounded on Friday as easing oil and bond yields helped ease inflation concerns after a global bond sell-off earlier in the week dented risk appetite. 34 points by 1007 GMT, but was still headed for its sharpest weekly decline.