Monday’s Greek bond yields charted and preserved for posterity
FT Alphaville » Greece 2015-07-01
Summary:
Courtesy of Tradeweb, a summary of the Greek bond yield action this Monday:
Yields on the 10-year Greek government bond surged to their highest levels since November of 2012, according to data from Tradeweb. The bid yield on the 10-year Greek bond closed at 15.429%, the highest yield since November 30, 2012, when it closed at 16.262%. Today’s closing yield was up 462 bps from the close on Friday at 10.814%. This is the largest one-day yield increase since Tradeweb began trading Greek government bonds in November of 2001. The next closest one-day move by order of magnitude was on March 7, 2012, when the 10-year bond surged 388 bps amidst the Greek debt swap to avoid default.
Continue reading: Monday’s Greek bond yields charted and preserved for posterity