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Παρασκευή, 07 Ιουνίου 2019 22:52

Greek bond spread continue to drop, amid 'bullish' outlook

Greek bond spreads continued to post historic lows this month, following the trend in the Eurozone but also on the back of new figures showing a weakening of the economic performance for Germany and the US.

By E. Triiri
[email protected]

Greek bond spreads continued to post historic lows this month, following the trend in the Eurozone but also on the back of new figures showing a weakening of the economic performance for Germany and the US.

The yield for the Greek 10-year bond continued to fall on Friday, nearly reaching the all-time low of 2.8 percent and with the spread at 306 basis points.

The yield for the five-year Greek bond, maturing in 2024, fell to 1.61 percent.