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Thursday, July 10, 2014

Greek yields jump as bond sale draws modest demand

Greek bond yields extended their rise on Thursday with traders citing investor disappointment with initial demand for a new three-year bond Athens is selling via a syndicate of banks. Order books for the bond have topped 3 billion euros, according to IFR, a Thomson Reuters service. Greek 10-year bond yields were up 14 basis points on the day to 6.25 percent, underperforming the rest of the euro ...

READ THE ORIGINAL POST AT finance.yahoo.com