European Debt Sales Break January Record in a Tricky Year

European borrowers sold a record 280 billion euros ($304 billion) of debt in January, in a jump outpacing U.S. peers, to take advantage of tumbling borrowing costs and better-than-expected economic conditions. January’s figures follow a year that saw the biggest jump in government borrowing costs in decades – from the United States to Asia and Europe – as inflation soared.

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