ECONOMY

Greece’s 10-year government bond yield drops to eight-year low

Greece’s 10-year government bond yield drops to eight-year low

Greece’s 10-year borrowing costs dropped to an eight-year low with a trader citing an upbeat announcement from eurozone bailout fund European Stability Mechanism earlier this week.

The yield on Greece’s 10-year government bond has dropped to an eight-year low of around 4.84 percent.

[Reuters]

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