Greek yields drop as Turkey eases emerging market tensions

Greek bond yields fell on Wednesday after a blockbuster move by the Turkish central bank to hike interest rates stalled an emerging market rout that has hit the euro zone's weakest member. Ignoring opposition from Prime Minister Tayyip Erdogan, Turkey's central bank raised rates by far more than economists had forecast in a bid to lift the lira currency off record lows. This spilled over into ...

READ THE ORIGINAL POST AT finance.yahoo.com