FTSE sheds 1.7% as bond sell-off intensifies

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Equity markets began to share the pain of a sharp sell-off in European sovereign debt yesterday, with the FTSE 100 dropping 1.7% in early trading and bond yields spiking once more.

The UK's blue chip index was down 115 points at 6,819 by mid-morning, with just four stocks - RSA, Carnival, easyJet, and Pearson - in the black. Pan-European indices dropped 0.3%, to extend rec...

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