FTSE 100 recovers 0.28% as bond yields ease

Key facts

• The FTSE 100 index rose 0.28% to 10,455.34 points on Friday.
• Easing bond yields and oil prices helped alleviate inflation concerns.
• A global bond sell-off earlier in the week had dented risk appetite.

The UK's FTSE 100 index rebounded on Friday, rising 0.28% to 10,455.34 points. This recovery was supported by easing bond yields and oil prices, which helped to alleviate inflation concerns. The market movement followed a global bond sell-off earlier in the week that had previously dented risk appetite. The index was still headed for its sharpest weekly decline despite the Friday rebound.