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Based on the 10-year bond yields of the United Kingdom and Greece as shown in the figure below, which answer best describes the current conditions?
Based on the 10-year bond yields of the United Kingdom and Greece as shown in the figure below, which answer best describes the current conditions? United Kingdom has higher borrowing costs than Greece which is to be expected since the United Kingdom has historically been perceived as a higher credit risk than Greece. Greece has higher borrowing costs than the United Kingdom which is to be expected since Greece has historically been perceived as a higher credit risk than the United Kingdom. United Kingdom has higher borrowing costs than Greece which is very unusual since Greece has historically been perceived as a higher credit risk than the United Kingdom
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