Polish Bonds Slide With Stocks After Surprise S&P Downgrade

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  • Yields on government 10-year bonds climb 17 basis points
  • Equity benchmark heads for lowest close since April 2009

Polish bonds fell, sending 10-year yields up the most in more than a year, and stocks retreated after Standard & Poor’s unexpectedly cut the country’s rating in the nation’s first-ever sovereign downgrade.

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