ECONOMY

Greek bond yields fall as Venizelos opens door to compromise

German bond yields saw their biggest daily rise in over a year on Wednesday – a sign investors believe that any European Central Bank easing measures announced when the ECB meets today may fall short of their high expectations.

All other eurozone bond yields were higher on the day, apart from those of Greece, which fell after the head of the country’s socialist PASOK party, Evangelos Venizelos (photo), opened the door to a political compromise ahead of elections on Sunday.

[Reuters]