ECONOMY

Greek bond yields jump ahead of Eurogroup

greek-bond-yields-jump-ahead-of-eurogroup

Greek bonds extended losses on Tuesday ahead of tomorrow’s Eurogroup meeting, where euro-area finance ministers are expected to seek more clarity on the country’s pension reforms and budget measures.

The generic Greek 10-year bond yield jumped to 10.52 percent from 9.57 percent at the end of last week and 8.29 percent as of December 31.

[Bloomberg]