FTSE 100 edges up as bond yields climb and rate hike bets ease

MSN
2026.05.20 09:45
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FTSE 100 closed 0.1% higher as bond yields rose and rate hike fears eased, with June hike odds dropping to 29.1%. Weaker UK hiring and higher unemployment influenced market sentiment. Medical equipment and retail sectors saw gains, while miners declined due to lower metal prices; IG Group surged over 10%.