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The Independent UK
The Independent UK
Business
Jeremy Cutler

INSANE: Ftse 100 falls as bond worries offset lower oil | Vintage Vibes

Oil United States Andy Burnham London AG Barr British American Tobacco British Petroleum Inflation Ithaca Energy RHI
The FTSE 100 closed down 48.17 points on Tuesday (James Manning/PA) - (PA Archive)

The FTSE 100 fell sharply on Tuesday as US bond yields hit a 24-year high over fears that rising inflation will spark further interest rate hikes.

In London, the FTSE 100 index ended down 48.17 points, 0.5%, at 10,636.71. The FTSE 250 rose 39.49 points, 0.2%, to 24,374.81, and the AIM all-share firmed 2.80 points, 0.4%, at 786.16.

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