Greek 10-year bond yields falls below 2%

3 July 2019
64 Views

The Greek 10-year government bond yields fell below 2 percent for the first time on Wednesday, after the announcement Christine Lagarde was appointed as head of the European Central Bank (ECB).

In particular, the Greek 10-year bond fell below the 2% threshold and now stands at 1,986% with a potential to fall more.
The Greek bond yield is fully aligned with the course of the respective European bonds in all previous days, while Lagarde’s influence on Europe’s yields is particularly noticeable for the second day in a row.

Market pundits and analysts believe that Mrs. Lagarde will follow a loose monetary policy and continue on the path of her predecessor Mario Draghi. Germany’s ten-year bond yield, which is a benchmark for the EU, fell to its lowest level reaching 0.37%.

You may be interested

Sports Tourism: Pakistan’s street cricketers bring game to life in Greece
GREECE
shares20 views
GREECE
shares20 views

Sports Tourism: Pakistan’s street cricketers bring game to life in Greece

Panos - Jul 19, 2019

In a barren Athens parking lot, young Pakistanis get in position for a game of cricket. On one end of…

Iran seizes foreign tanker, US vows to protect vital Gulf waterway
FINANCE
shares11 views
FINANCE
shares11 views

Iran seizes foreign tanker, US vows to protect vital Gulf waterway

Panos - Jul 19, 2019

Iran said on Thursday it had seized a foreign tanker smuggling fuel in the Gulf, and the U.S. military commander…

Margaritis Schinas will be the new Greek Commissioner
GREECE
shares14 views
GREECE
shares14 views

Margaritis Schinas will be the new Greek Commissioner

Panos - Jul 19, 2019

The person that the new Greek Prime Minister Kyriakos Mitsotakis will propose for the position of the Greek Commissioner is…

Leave a Comment

Your email address will not be published.