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Historic Low: Yield for Greek 10-Year Bond dips below 2%

Greece’s borrowing cost fell sharply and recorded a new historic low when the Greek 10-year bond yields dipped below 2% for a short time on Wednesday. The Greek bond yield fell even below the yield of the US.

US: 2.05%
Greece: 2.01%

The downward trend for the once “skyrocketing” Greek bond spreads mirrors yields for other Eurozone bonds, with investors seeking sovereign debt “safe harbors” amid trade war fears and new forecasts this week that Eurozone official will boost stimulus measures to avoid a deflation in European economic growth, notes naftemporiki.

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