UK borrowing costs rise to highest since May on oil surge
The 10-year UK gilt yield briefly exceeded 5 percent in mid-July 2026, its highest level since May.
The 10-year UK gilt yield briefly exceeded 5 percent in mid-July 2026, its highest level since May.
FTSE 100 ended little changed or up 0.2 per cent while STOXX 600 fell 0.7 per cent and Nasdaq futures dropped 2.2 per cent.
FTSE 100 closed down 0.5 per cent at 10,445 as Brent crude rose above 85 dollars a barrel amid US strikes on Iran.