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Why Greek Debt Could Be Good Buy as Trump Win Shakes Bond Market | Tony Seruga
Nov
13

Why Greek Debt Could Be Good Buy as Trump Win Shakes Bond Market

By

Commerzbank bullish on the debt while others advise caution.

Global government bonds slid this week on speculation the next U.S. president will boost inflation, but one country has so far stayed out of the rout: Greece.

Greek 10-year bond yields fell to a five-month low on Friday, and are down more than 60 basis points this week, a sign risk associated with the asset is decreasing. That may continue as market turmoil since Donald Trump was elected improves the odds for substantial debt relief for the country, according to David Schnautz, a fixed income analyst at Commerzbank AG…

Why Greek Debt Could Be Good Buy as Trump Win Shakes Bond Market

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