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Evening Standard

Business

Jeremy Cutler

Stocks slump as bond market worries bite

Catherine Mann Inflation John Healey Russ Mould United States London Barclays HSBC Lloyds Banking Group NatWest Group

Bond market woes weighed on the FTSE on Thursday (James Manning/PA) - (PA Archive)

Stock prices in London slumped on Thursday as bond yields stayed near multi-year highs in volatile trading.

“Heightened tensions in the Middle East, concerns over the UK’s fiscal situation, and sticky inflation are all feeding into government bond yields,” said Russ Mould, AJ Bell investment director.

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