Greek yield curve almost normalized

FXStreet (Mumbai) – An inverted government bond yield curve in Greece is almost a history now, with the short-end and long-end yields hovering between 7%-8%.

A few months back, the 2-yr yield were far higher than the 10-yr or 30-yr yield. With the Greek crisis out of the limelight and increased prospects of more QE or rate cuts by the ECB in December, the Greek yield curve no longer looks horrible.

The 2-yr Greek yield now trades around 7.607%; down 81 basis points on the day. The 10-yr yield is down 80 basis points at around 7.648%.

An inverted government bond yield curve in Greece is almost a history now, with the short-end and long-end yields hovering between 7%-8%.

(Market News Provided by FXstreet)