ECONOMY

Greece’s 10-year yield falls 5 bps to 7.53 pct

greece-s-10-year-yield-falls-5-bps-to-7-53-pct

Greece’s 10-year yield fell 5 basis points to 7.53 percent on Friday, having risen over 60 bps in the two previous sessions.

The sell-off in Greek debt this week came as official creditors suspended a bailout deal after Prime Minister Alexis Tsipras unexpectedly said he would grant low-income pensioners a pre-Christmas payoff.

[Reuters]