Greek bond yields steady after bailout reform deal agreed with lenders

2 May 2017
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Greece’s short-dated government bond yields held steady on Tuesday morning after the debt-laden country agreed a deal on bailout reforms with its European creditors.

The yield on two-year Greek government bonds was steady at 6.5 percent, flat from the open and up slightly from Friday’s close of 6.41 percent. Greece’s 10-year borrowing costs were flat at 6.34 percent.

Greece and its foreign creditors reached a deal early on Tuesday on a package of bailout-mandated reforms, Greek Finance Minister Euclid Tsakalotos said, paving the way for the disbursement of further rescue funds.

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