Greek 10-year bond yield falls below 7% after loan dealMay 25, 2016
Greek 10-year bond yield falls below 7% after loan deal
Investing.com – Greece’s 10-year bonds rallied Wednesday, as fears of a default faded.
Greece and its creditors reached a deal to unlock €10bn in bailout funds and begin work on debt relief.
The yield on Greece’s 10-year bonds fell below 7% for the first time since last November.
The 7% threshold is seen as the level where a country’s debts become unsustainable.