UK 10-year gilt yields approach post-2008 highs amid political crisis. Citi flags 21 stocks as hedges against weak pound and high yields.
UK gilt yields fell after Starmer defied resignation calls. European markets rose. Analysis of political stability and bond market impact.
London's FTSE 100 surged 2.2% on Wednesday, recovering from Tuesday's steep decline amid easing geopolitical tensions.
FTSE 100 fell 1.4% amid fading US-Iran ceasefire prospects, bucking European gains. Oil prices elevated.
European stocks mostly rose but the FTSE 100 fell, dragged by oil majors BP and Shell. Investor focus shifts to AI productivity gains.
The FTSE 100 was closed on May 4, 2026, due to a UK public holiday, while European markets traded mixed amid geopolitical tensions.