The European Bond Making New High Yields of the Year May Not Be the One You Think

U.K. government debt is selling off ahead of the general election

U.K. Retail Sales Declined More Than Forecast in February

Pedestrians carry a Union Jack umbrella as they pass One New Change shopping centre in the City of London.

Jason Alden/Bloomberg

Euro-area sovereign debt is selling off today amid continued uncertainty over Greece's future.

This does not mean that the sell-off is confined to the euro area. 

The United Kingdom, which is facing an uncertain general election in a couple of days, has suffered something of a sovereign debt rout lately.

On Tuesday the U.K. 10-year sovereign yield reached its highest level so far this year.


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