Greek 10-year bond breaks 4% threshold

3 August 2018
347 Views

The massive sell-off of European bonds in the South continued, with the Greek 10-year bonds “breaking the barrier” of 4%, as it now moves to 4.13%.

Similarly, the yield of the Greek 5-year bond rose to 3.26%.

The international sell-off was sparked by new trade concerns and the latest developments in Italy, as a new government crisis has broken out with the power struggle between Salvini and Berlusconi escalating. The 10-year bond in Italy was up by 2.7% and yields are now at 3.04%.

Investors are turning to the safety of the German bond, thus boosting the spreads especially with the bonds of the South, while the 10-year-old US is also a safe haven.

You may be interested

JOKER results: 16/06/2019
GREECE
shares31 views
GREECE
shares31 views

JOKER results: 16/06/2019

Panos - Jun 16, 2019

The winning numbers from the JOKER draw are as follows:

Lotto results: 15/06/2019
GREECE
shares53 views
GREECE
shares53 views

Lotto results: 15/06/2019

Panos - Jun 15, 2019

The winning numbers from the Lotto draw are as follows:

Top 5 Beaches in the Cyclades
GREECE
shares161 views
GREECE
shares161 views

Top 5 Beaches in the Cyclades

Panos - Jun 14, 2019

The Cyclades are filled with beaches ranging from pleasant to amazing, but for those who love lists, here are the…

Leave a Comment

Your email address will not be published.