18 May 2015
German yields rise, Greek two-year yield hit one-month high
FXStreet (Mumbai) - The German bonds dropped, thereby pushing the yields higher, after having gained for two consecutive sessions.
Italian and Spanish bonds also dropped, while the Greek two-year debt yield rose to a one-month high as the country tries to reach a deal with its international creditors.
As of now, the benchmark 10-year bund yield trades 1.2 basis points (bps) higher at 1.652%. The yield hit a high of 0.671% earlier today. The yield on Italy’s 10-year bonds increased 9 basis points to 1.86%, while the Spanish 10-year yield increased 8 bps to 1.81%. Portugal’s 10-year yield gained 11bps to 2.4%.
Meanwhile, Greece’s two-year note yield jumped 175 basis points to 22.66%; its one month high.
Italian and Spanish bonds also dropped, while the Greek two-year debt yield rose to a one-month high as the country tries to reach a deal with its international creditors.
As of now, the benchmark 10-year bund yield trades 1.2 basis points (bps) higher at 1.652%. The yield hit a high of 0.671% earlier today. The yield on Italy’s 10-year bonds increased 9 basis points to 1.86%, while the Spanish 10-year yield increased 8 bps to 1.81%. Portugal’s 10-year yield gained 11bps to 2.4%.
Meanwhile, Greece’s two-year note yield jumped 175 basis points to 22.66%; its one month high.