Greek 10-year bond yield falls below 7% after loan deal

May 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.



No comments yet. You should be kind and add one!

The comments are closed.