FTSE 100 seen up despite bond sell-off

(Alliance News) – Stocks in London are set to open higher on Friday despite a deepening global bond sell-off, as investors also monitor escalating tensions around Saudi Arabia after fresh Houthi missile attacks. IG says futures indicate the FTSE 100 to open 36.0 points higher, 0.3%, at 10,715.99 on Friday. The index of London large-caps closed down 0.2% at 10,679.99 on Thursday. A global bond sell-off deepened on Thursday, pushing government borrowing costs higher around the world as investors increased bets on further interest rate rises by the US Federal Reserve. The US 30-year Treasury yield climbed as high as…