Stocks in London ended Friday on the front foot as weaker than expected US job figures saw rate bets pared back across the pond, supporting a rebound in bonds.
Susannah Streeter, chief investment strategist, Wealth Club said: “There’s been a ripple of relief on financial markets as hopes rise that the Fed won’t have to go so hard and fast in raising interest rates. Treasury and gilt yields have eased off, and equity markets are on a rising tide, as the rush of worry has started to recede.”
