However for the UK it is another matter. The UK has come near or out right defaulted on debt several times. It does not have a long track record of financial stability that many people think it has. It was bailed out by the IMF in the 1970s for example. And yet it has this false reputation of being a solid economy, when history proves otherwise. Personally I think it is because the UK claims to have founded the financial system we know today, despite it being the Dutch. Granted the yields have risen of late (considerably) but it is still no where near where I would expect it to be. And it is still lower than a country like Norway... the most solid state finances on the planet... come on.