The pressures on the bond market continued today with results their returns to rise further.

It is noted that the yields of almost all Eurozone bonds are approaching the highest level of the last 10 years, although – according to analysts – there is no obvious reason for this development.

Italian and French bonds may be an exception, as the Budgets of these countries contain alarming forecasts for the evolution of their budget deficit.

On the contrary, it is recalled that in Greece the draft of the Budget submitted yesterday to the Parliament, predicts that this year the primary surplus will increase to 1.1% of GDP against the 0.7% that was the target, while in 2024 it is predicted that it will be 2, 1% of GDP.

In the secondary bond market today, and more specifically in the Electronic Transaction System (HDAT) of the Bank, transactions of 80 million euros were recorded, of which 36 million euros related to purchase orders.

The yield of the Greek 10-year bond stood at 4.41% from 4.35% that closed yesterday, against 2.93 of the corresponding German bond, resulting in a margin of 1.48%

In the foreign exchange market, the euro moves down against the dollar, with the result that in the afternoon the European currency trades at $1.0464. from the $1.0489 level, which opened the market.