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Thursday, May 16, 2013

Greek bond rebound masks stark economic reality

Ten-year Greek government bond yields tumbled to their lowest in nearly three years one day after Fitch upgraded the country's sovereign credit ratings.
Borrowing costs fell to 8.21 percent – the lowest since June 2010, just after Greece received a bailout from the International Monetary Fund and European Union. The difference between 10- and 30-year yields was also at its least ...

READ THE ORIGINAL POST AT www.greekherald.com