UK's FTSE 100 Falls 2.2% Weekly on Bond Sell-off
The UK's FTSE 100 index experienced its largest weekly drop since April, declining 2.2% for the week ending Friday. The sell-off in government bonds, which drove yields higher, eroded investor risk appetite.
The UK’s FTSE 100 posted its sharpest weekly decline since April on Friday, weighed by a sell-off in government bonds that lifted yields and weakened risk appetite. 2% over the week. The midcap 100…