Corporate bonds in euros fell for a seventh day, declining to a record. The Markit iBoxx Euro Corporates index dropped 0.18 to 79.36, the lowest since the benchmark started in 1998. The index, which tracks 1,112 bonds issued by companies including Barclays Plc, Volkswagen AG and Unilever Plc, has fallen more than 12 percent in the past year. A separate index of financial bonds denominated in euros plunged to an all-time low of 74.17 today, its 17th straight day of losses, Markit iBoxx data show. Bond investors are demanding the highest yields relative to government debt to buy corporate bonds in euros, according to Merrill Lynch & Co. index data. The yield spread on European high-grade company debt has more than doubled in the past year to a record 455 basis points.

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