Eurozone unemployment hits joint record low; UK election could prompt bond turmoil – as it happened

Eurozone jobless rate has slipped back to record low of 6.4%, while BlackRock fears promises of looser fiscal policy could hit UK bond prices

• Risk of financial wasted decade' for poor countries, World Bank warns

Today's eurozone unemployment data underscore why the European Central Bank has no plans to start cutting interest rates any time soon, says Bloomberg, adding:

Even amid the mild downturn, employers are struggling find staff, pushing wages higher and creating upside risks for inflation.