U.K. Bonds Drop With Higher-Rated Peers as Haven Demand Wanes

  • Britain's sovereign bonds still best performers this year
  • Borrowing costs fall, demand rises at five-year debt auction

U.K. government bonds declined for a second day along with other highly-rated securities that investors turn to in times of turmoil, as easing concern that the global economic outlook is worsening damped demand for haven assets.

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