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Evening Standard
Evening Standard
Business
Jeremy Cutler

Stocks fall as borrowing costs hit 28-year high

Oil United States Inflation Bodycote Mead Johnson Veritas London Antofagasta British Petroleum Endeavour Mining
The FTSE 100 index closed down 34.98 points, 0.3%, at 10,789.28 (PA) - (PA Archive)

Stock prices in London closed lower on Tuesday as government bond yields soared on the back of rising oil prices, reigniting worries over inflation.

The FTSE 100 index closed down 34.98 points, 0.3%, at 10,789.28. It had earlier traded as low as 10,689.55.

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