The WSJ reports that while bond yields soar across Western Europe, other countries once considered "much riskier" than an industrialized nation in the Eurozone are issuing debt at among their lowest interest rates ever. Take Russia, for instance. It recently returned to the market for the first time since defaulting on its debt in 1998, to sell 10-year bonds with a yield of 5%. Investors charged Egypt 5.75% on its 10-year bonds. In contrast, Portuguese bonds are yielding 6% and Ireland's are yielding 5.8%.