ECONOMY

Greek two-year bond yield falls to lowest since early 2010

Greek two-year bond yield falls to lowest since early 2010

Greek government borrowing costs fell to their lowest level since early 2010 on Wednesday, the latest leg lower after the country reached a debt deal with its creditors last week.

The move comes as Prime Minister Alexis Tsipras said Athens should be in a position to return to bond markets very soon, predicting yields on the country's bonds would continue to fall.

Greece's two-year bond yield – an indication of the level at which the country can borrow cash for two years in financial markets – fell as far down as 4.15 percent, its lowest in more than seven years, according to Reuters data.

Ten-year bond yields fell to their lowest since September 2014 at 5.56 percent. [Reuters]

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.