ECONOMY

Greek bond yields buck trend

greek-bond-yields-buck-trend

Higher-rated eurozone bond yields inched up on Thursday after a pause in trading for the May Day holiday, tracking a rise in US Treasury yields after the Federal Reserve left rates unchanged and signaled little appetite to adjust them any time soon.

In contrast, one bright spot was Greece, where manufacturing hit a 19-year high.

Greek 10-year bond yields fell two basis points to 3.358 percent. [Reuters]