India, Oct. 1 -- FTSE 100 experienced significant negative pressures on Thursday, October 1, 2026, due to global sell-off in the government bond market that led to increased costs of borrowing and concerns regarding inflation and interest rates. FTSE 100, the major market index in the United Kingdom, had closed at 10,606.00 on September 30, 2026, after losing 30.71 points, which is equivalent to 0.29%. On Thursday, when the market began trading, FTSE 100 slumped sharply by nearly 1.1% to 10,489. The market index was then faced with further pressure for selling as analysts noted that it had dropped 1.9%, equating to 201 points at a certain point in time in the trading session.

UK Gilt Yields Hit Multi-Year Highs

One of the main issues fa...