U.K. Bonds Erase Gain Amid Signs of Greek Negotiations Progress

U.K. government bonds erased their gain, leaving the 10-year yield little changed after insitutions negotiating with Greece were said to have agreed on documents to be forwarded to euro-area finance ministers.

Benchmark 10-year gilt yields were at 2.13 percent as of 11:26 a.m. London time, after earlier falling four basis points to 2.09 percent. Germany’s 10-year yield rose three basis points to 0.87 percent.

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