U.K. bonds drop on Greek aid deal

Source: Bloomberg
© Scanpix/AP
On Tuesday, U.K. gilts were traded lower, reaching a 3-week low, after EU finance ministers agreed on eased terms for Greek emergency aid, which undermined demand for safer U.K. assets. The yield on benchmark 10-year government notes grew by 2 basis points, reaching a level of 1.86% by 9:23 a.m. in London.

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