The yield premium between Greek 10yr government bonds (1.4%) and Italian 10yr government bonds (1.2%) has not been that narrow since 2009. This despite the fact, that Greece is a non-investment grade country with a BB- Fitch rating (Fitch BBB rating for Italy) and its debt/GDP ratio stands at 181% versus 134% for Italy. Investors’ search for yield seems to have reached a new level.
- Blog, Newsflash
Narrowing yield premium: Greece vs. Italy
- English, Yield

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