The Greek 10-year bond yield stood at 4.20%
Bond prices are moving upwards today, with the result that their yields are de-escalating. The mood in the bond market seems to be turning as investors, anticipating a possible escalation of the crisis in Israel, which will have a negative impact on the global economy, are turning to safer positions. At the same time, the expectation of a “freezing” of ECB interest rates is increasing.
It is indicative that today the head of the Central Bank of Spain des Cos, said that the ECB has already done enough to deal with the rise in inflation. Despite this, as she said, she is obliged to keep all her options open in the event that, due to the latest events, pressures are again caused on the price front.
In the secondary market bonds today and more specifically in the Electronic Transaction System (EDAT) of the Bank of Greece transactions of 56 million euros were recorded, of which 44 million euros related to purchase orders.
The yield of the Greek 10-year bond stood at 4.20% from 4.37% that closed yesterday, against 2.72% of the corresponding German bond, with the result that the margin was set at 1.48% from 1.55% yesterday.
In the foreign exchange market, the euro is moving upwards against the dollar, with the result that in the afternoon the European currency trades at 1.0617 dollars from the level of 1.0593 dollars, which opened the market.
