Portuguese bond yields leap on Greek crisis
Saturday, 24 April 2010
PARIS, Apr 23 (AFP): The price Portugal has to pay to borrow shot up to 4.922 per cent in morning trading today, sending a signal that contagion from the Greek debt crisis is stalking eurozone bonds.
Greek yields on 10-year bonds remained at record high levels, far above 8.0 per cent and in the realms of yields on bonds issued by some emerging countries.
The Portuguese yield on 10-year bonds at 4.922 per cent marked a big rise from 4.881 per cent late Friday.
Greek yields on 10-year bonds remained at record high levels, far above 8.0 per cent and in the realms of yields on bonds issued by some emerging countries.
The Portuguese yield on 10-year bonds at 4.922 per cent marked a big rise from 4.881 per cent late Friday.