Rumours swirl around new Greek trade

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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