FTSE 100 slips 0.2% to 10,723.02 as JD Sports outlook weighs and bond yields rebound

UK equities traded lower as JD Sports' downbeat outlook weighed on retail sentiment and broader risk appetite. A rebound in UK government bond yields added pressure by tightening financial conditions and raising discount rates, typically negative for equity valuations. The concurrent declines in the FTSE 100 and FTSE 250 suggest a cautious tone extending beyond a single stock-specific move.