FTSE 100 tracks best Feb performance since 2017
Ocado down after reporting worsethanfeared loss
St James39;s Place, Man Group up after posting higher profits
British bond yields rise, weigh on stocks
FTSE 100 down 0.6, FTSE 250 off 0.3

Feb 28 Reuters UK39;s FTSE 100 index fell on Tuesday, with Ocado sliding to the bottom on a dismal annual loss, although strong gains in asset manager St James39;s Place following a higher fullyear profit limited losses in the benchmark.

The bluechip FTSE 100 lost 0.6 with shares of Ocado plunging 10.5 on the online supermarket and technology group39;s worsethanexpected fullyear loss.

Ocado is in the eye of the costofliving storm because its offering isn39;t synonymous with being the best value, said Sophie LundYates, lead equity analyst at Hargreaves Lansdown.

LundYates said Ocado is a higherend option, without the same benefits of enticing people with tangible, physical goods like peer Marks Spencer.

Meanwhile, British longdated government bond yields rose to a fourmonth high, tracking a similar increase in euro zone government bond yields after inflation data from France and Spain boosted expectations of further interest rate hikes.

Despite recent volatility, the exporterheavy FTSE 100 is on track to record its best February performance since 2017 as higher earnings and weakness in the pound earlier in the month made equities more attractive.

A bunch of Bank of England officials including Deputy Governor Jon Cunliffe, Chief…