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Greek bond spread continue to drop, amid ‘bullish’ outlook

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.