Bonds de­cline on debt fears

Kathimerini English - - Business & Finance -

Greek bonds led de­clines among pe­riph­eral euro-area na­tions yes­ter­day, send­ing 10-year yields to a record high on concern the nation will have to re­or­ga­nize its debt obli­ga­tions. Yields on 10-year Greek debt rose 53 ba­sis points to 16.53 per­cent af­ter hit­ting a record 16.55 per­cent.

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