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Greek 10yr Yield highest since March 2020

BONDS
  • Greece 10yr Yield, makes another session high, highest since March 2020.
  • Greek/Bund spread is 1.6bps wider this morning, after it tightened from 215.96 to 202.74bps yesterday.
  • Support is seen at the 5th April low, 201.73bps, also the lowest print since the $th Feb.
  • Bund volume has picked somewhat but remains poor across assets, especially the shorter end 3 months strips (Euribor, Eurodollar and SONIAs).

Chart source; MNI/Bloomberg

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