Greek bond yields decline
![Greek bond yields decline](https://www.ekathimerini.com/wp-content/uploads/2021/01/bond_traders_web--2.jpg)
Investors started focusing on the positives in the eurozone on Friday, particularly after European Central Bank chief Mario Draghi’s optimistic comments the day before.
“Everything has turned upside down – European political risks have faded, the economy is looking strong, while in the US everybody is worried,” said DZ Bank strategist Daniel Lenz.
In a further positive for the single-currency bloc, Greek lawmakers approved pension cuts and tax hikes on Thursday sought by the country’s lenders to unlock vital financial aid.
Greece’s 10-year government bond yield fell 2 basis points on Friday to 5.77 percent, close to recent lows hit since an agreement on bailout reforms appeared to move closer.
[Reuters]