Greek 10-year bond yields hit new all-time low

Greek 10-year bond yields hit new all-time low

Greek state bond prices continued their rally on Wednesday with the 10-year bond yield falling to a new all-time low of 1.811 pct, Reuters said in a report.

Greek state bond prices rallied after the government announced the full abolition of capital controls in the country from September 1.

Reuters noted that Eurozone state bond yields fell further on Wednesday after a basic section of the US Treasuries’ yield curve was reversed fueling worries over an imminent economic recession.