New record for the Greek 10-year bonds: Yield dropped to 1,995%

26 July 2019
387 Views

The yield of Greek bonds for the 10-year period dropped today to a new record low to 1,995%, falling by 0,80%.

At the same time, the 5-year yield declined by 2,84% to 1,025%. A similar trend is observed troughout the Eurozone.

With all eyes on the ECB meeting, the majority of analysts expect the Central Bank’s guidance to be maintained while waiting for September to adjust its monetary policy.

However, some of them feel that there is a chance for lowering interest rates even sooner, given the weak PMI data, both in Europe and in the United States of America.

On August 2nd Fitch’s assessment of Greece will be released, with the market expecting to upgrade at least the country’s prospects from stable to positive, followed by Moody’s on August 23rd.

You may be interested

Covid-19 Greece – 339 new cases reported
GREECE
shares35 views
GREECE
shares35 views

Covid-19 Greece – 339 new cases reported

makis - Sep 18, 2020

A total of 339 new cases of coronavirus in Greece were announced today, 39 of which were identified after checks…

Covid-19 Greece – 9 deaths in a day reported
GREECE
shares32 views
GREECE
shares32 views

Covid-19 Greece – 9 deaths in a day reported

makis - Sep 18, 2020

A total of 359 new cases of coronavirus in Greece were announced today, 36 of which were identified after checks…

Researchers untangle Crete’s oldest number system
GREECE
shares34 views
GREECE
shares34 views

Researchers untangle Crete’s oldest number system

Panos - Sep 18, 2020

According to a statement released by Elsevier, Silvia Ferrara of the University of Bologna and her colleagues conducted a new…

Leave a Comment

Your email address will not be published.