ECONOMY

Greek bond yield rise points to investor caution

greek-bond-yield-rise-points-to-investor-caution

Greece’s 10-year yield rose 12 basis points to 1.373% on Wednesday, the highest since June 2020.

Analysts said investors may be expressing caution toward peripheral debt, which benefits the most from the European Central Bank’s stimulus measures, ahead of a tricky meeting next week where the focus will be on how much debt the bank will buy after its pandemic emergency purchases expire in March. [Reuters]