The bond yields of the two countries have moved inversely over the past few days. Greece’s 10-year bond yield fell to 3.19% on Monday, from 3.27% on Friday.
The decline in Greek bond yields continues, even against the general upward trend in the Eurozone.
This trend did not go unnoticed by the Wall Street Journal, which recorded the downward trend in Greek bond yields and the rise in Italian yields that brought the yield of its ten-year bond Italy above that of the corresponding Greek.
The bottom line is that investors are buying Greek bonds because they believe the risk-reward relationship is worth it, since Greece is not at risk of political unrest and its economic staff is determined to support households and businesses, without putting risk to fiscal stability.
The bond yields of the two countries have moved inversely over the past few days. Greece’s 10-year bond yield fell to 3.19% on Monday, from 3.27% on Friday.
The yield on Italy’s 10-year bond followed an opposite path, rising to 3.35% on Monday, from 3.33% on Friday.
According to the WSJ report, in the last few days the strong concern for Italy was not combined with a wave of concern for Greece and that is why the yields of the Italian bonds exceeded those of the Greek ones.
View the news feed and get the latest news.
