-
Sentiment unchanged in April thanks to services gains, consumer confidence also rises -
Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate -
ECB study finds Greeks overburdened by housing costs, most likely to miss payments -
S&P ups outlook to positive, leaves rating at 'BBB-' -
Moody's leaves Greece's rating unchanged, one notch from investment grade -
Investment grade boost visible in strong demand for Greek assets
Benefits of investment grade starting to become visible
Greece started seeing the first signs of the rewards from securing an investment grade from all the leading, and ECB accepted, rating agencies bar Moody’s, though domestic continue to cause concern for the government.
The yield on the 10-year benchmark is edging towards 3 pct, standing at 3.25 pct on Friday. It has been dropping continuously since December 12, just days after Fitch became the latest rating agency to grant the investment grade.
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