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Πέμπτη, 13 Φεβρουαρίου 2020 22:29

Bloomberg hails end to euro zone crisis on occasion of Greek 10-year bond falling below 1%

Bloomberg on Thursday heralded what it called the end of the euro zone crisis, coming on the heels of news that the spread between the Greek 10-year bond and German bond yields has returned to October 2009 levels.

Bloomberg on Thursday heralded what it called the end of the euro zone crisis, coming on the heels of news that the spread between the Greek 10-year bond and German bond yields has returned to October 2009 levels.

In a headline entitled "Now We Can Say the Euro-Zone Crisis Is Finally Over", Bloomberg comments on the fact that the spread for the Greek 10-year bond dropped below 1 percent on Thursday, landing at 0.925 percent - a historic low.

The entire story is here:

https://www.bloomberg.com/opinion/articles/2020-02-13/greek-german-bond-spread-shows-eurozone-crisis-is-finally-over-k6kc422n