Rumours swirl around new Greek trade

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By Mike Turner
10 Jul 2019

Greek debt yields have plummeted following elections in the country over the weekend, sparking renewed expectation from investors that a new bond issue from the sovereign is imminently due on screens.

The yield on Greece’s 10 year debt has hovered around the 2% mark all week, though rose on Wednesday morning to 2.187%, indicating investors might be taking money out in preparation for a new issue.

“It feels like the market is preparing for the sovereign to come,” said ...

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