Greek Two-Year Note Yield Climbs to 100% for the First Time

Greek two-year notes tumbled, driving the yield to 100 percent for the first time since Bloomberg began collecting the data in 1998.

The yield climbed 516 basis points to 101.84 percent as of 8:35 a.m. London time. The price fell to 31.2 percent of face value.

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net

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