ECONOMY

Press report sends Greek bond yields higher

Press report sends Greek bond yields higher

Greek 10-year government bond yields edged 11 basis points higher to 6.1 percent on Tuesday, following a German press report saying Athens may opt out of its next bailout payment if creditors cannot strike a debt relief deal.

This could leave Greece without the cash to pay debts falling due in July, opening up the possibility of default. Athens dismissed the report.

The short-dated two-year bond yields were also up 11 bps to 5.89 percent.

[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 bond yields decline
ECONOMY

Greek bond yields decline

Plan for bond issue in July if debt deal emerges
ECONOMY

Plan for bond issue in July if debt deal emerges

Yields steady but QE hopes ‘will get disappointed’
ECONOMY

Yields steady but QE hopes ‘will get disappointed’

Foreign funds buy 3-month treasury bills
ECONOMY

Foreign funds buy 3-month treasury bills

Greek government bond yield lowest since 2012 debt restructuring
ECONOMY

Greek government bond yield lowest since 2012 debt restructuring

Investors from abroad raise stake in Greek bourse
ECONOMY

Investors from abroad raise stake in Greek bourse