The yield margin of 10-year Greek bonds reached a new five-year low against the German Bund on Monday, with the spread reaching 0.42%.

US President Donald Trump’s decision to extend the suspension of retaliatory tariffs on the European Union to July 9 benefited regional bonds and generally higher-risk ones. In contrast, German bond yields rose.

In the domestic electronic secondary bond market, the 10-year Greek bond yield rose to 3.35% against the German Bund’s 2.93%, leaving the yield spread between the two benchmark bonds at 0.42%.

Turnover was 60 million euros, of which €40 million were buy orders and the rest sell orders.

Source: Ekathimerini.com