ECONOMY

Greek bond yields hold close to 6-month low

Greek bond yields hold close to 6-month low

Greek government bond yields held near a six-month low on Tuesday as European finance ministers met to review Greece’s bailout and discuss the potential for a debt restructuring.

Short-dated Greek bond yields, which move in the opposite direction to the price, tumbled more than 100 basis points on Monday and extended those falls slightly on Tuesday.

Greek 10-year bond yields hovered around 7.38 percent, close to a six-month low of 7.33 percent touched earlier in the day.

That kept the yield spread between Greek bonds and top-rated German peers around 720 basis points – its tightest in six months.

[Reuters]

Markets

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.

READ MORE
Greek shares outperform weaker European stock markets
ECONOMY

Greek shares outperform weaker European stock markets

Yield curve shows investors still see short-term risk in Greece
ECONOMY

Yield curve shows investors still see short-term risk in Greece

Greek 10-yr bond yield drops 5 bps
ECONOMY

Greek 10-yr bond yield drops 5 bps

Cyprus bourse suspends 5 stocks from trading
ECONOMY

Cyprus bourse suspends 5 stocks from trading

Greek bond yields drop below 8 percent after debt relief offer
ECONOMY

Greek bond yields drop below 8 percent after debt relief offer

European shares bounce back on Greek reforms, but miners slump
ECONOMY

European shares bounce back on Greek reforms, but miners slump