Credit Worries Force Greek Bond Yields Higher

After announcing that its national debt has reached 300 billion euros (US$442 billion) – and after having its credit rating downgraded earlier this week – bond yields for two-year government bonds jumped from 1.9 percent to 3.09 percent. 10-year bond yields rose to 5.3 percent from 4.99 percent as investors continue to shun Greek bonds over fears the country will default on its debt obligations.

BBC News

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