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Traders Going for Exit Target Greece as Stocks Hit 1990 Low

  • Nation's 10-year bond yield jumps to more than 10 percent
  • Greek banks shares tumble as investors shun risky assets
Updated on

As the global market rout deepens, Greek assets are again the ones that are suffering the most.

The nation’s stocks are back to being the biggest decliners of the year as they fell to their lowest prices since 1990. Its bonds, which have already lost more than three times as much as the second-worst performer in the euro area in 2016, saw yields on securities maturing in a decade rising to more than 10 percent.