BUSINESS

Greek bond yields fall to lowest in almost a decade

TAGS: Economy, Finance

Greece’s 10-year government bond yield extended recent sharp falls on Thursday to touch its lowest level in almost a decade.

Earlier this month, Greece and its euro zone creditors reached a preliminary agreement on reforms Athens needs to roll out under its bailout programme, while economic data has proved stronger than expected.

Greece’s 10-year bond yield dipped to around 4.15 percent , its lowest level since early January 2008.

[Reuters] 

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