15115
Greek Bonds Look Uglier
World Economy

Greek Bonds Look Uglier

The yield on the Greek 3-year bond passed back above 28% Tuesday (it had briefly gone above 28% on an intraday basis last Thursday), Bloomberg reported. Seemingly endless delays in coming to agreement with the institutions mean that uncertainty over Greece’s ability to meet future repayments continues to increase among investors.  The Greek sovereign bond yield curve inverted — where yields on shorter-dated debt become higher than yields on longer bonds — on Dec. 8, 2014, and hasn’t looked back since. Greece’s debt yields seem very unlikely to change for the better in the current climate, as there are currently no buyers at all for these bonds.

Short URL : http://goo.gl/ZftmbJ

You can also read ...

Cyber threats are ever-evolving.
The White House released a report that found that the economic...
Global Investors Target Zimbabwe Energy Sector
Zimbabwe has become a magnet for billionaire global firms such...
BSP said the planned RRR cuts are part of the bank’s financial market reforms.
The Bangko Sentral ng Pilipinas said it was reducing banks’...
FAO regional representative Julio Berdegue (R), and the deputy regional representative Eve Crowley.
Identifying territories where rural poverty is most entrenched...
Asean Labor Flows Hit a Wall
Tighter restrictions on foreign labor in Malaysia and Thailand...
The country’s GDP grew by 3.2% in 2017 but will  edge down in the coming years.
A report by the International Monetary Fund showed Sunday that...
Baby-boomers will start turning 75 or older in 2022, which is expected to trigger a surge in health care and nursing care costs.
Amid stalling inflation and ballooning government spending,...
Lagarde Backs Creation of European Monetary Fund
International Monetary Fund chief Christine Lagarde has no...

Trending

Googleplus