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Greek bond yields drop below 8%

May 10, 2016 4:19 AM ETGlobal X MSCI Greece ETF (GREK)GREKBy: Yoel Minkoff, SA News Editor1 Comment
  • Greece's 10-year bond yields have fallen below 8% for the first time in over six months after eurozone finance ministers offered debt relief to the cash-strapped country from 2018.
  • The offer appears to be a compromise between Germany, which does not believe Athens needs additional debt relief, and the IMF, which insists it is necessary, and will be fleshed out by deputy finance ministers by May 24.
  • ETFs: GREK

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