Greek Two-Year Yields Approach 10% Amid IMF Standoff With EU
- Yield on flagship 2019 notes reaches highest since September
- Differing views on Greek program seen also within the fund
IMF Discusses Bailout for Greece
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Greece’s two-year note yields neared 10 percent as a quarrel between the nation’s creditors over its fiscal targets boosted concern the country is running out of time to complete yet another review of its bailout program before Europe gears up for a busy election season beginning in March.
Yields on Greece’s notes due in 2019 rose 84 basis points to 9.77 percent as of 3:10 p.m. in Athens, the highest since September. The notes were sold in April 2014 as part of a series of flagship sales that marked Greece’s brief return from market exile.