Greek yields hit 13-year lows as euro zonebond spreads tighten

Greece's 10-year government bond yields hit their lowest level in over 13 years on Monday, as encouraging headlines boosted sentiment and zero percent Bund yields pushed investors towards riskier investments.

Most eurozone bond yields are now at tighter spreads as investors move down the credit spectrum to pick up some yield, with German 10-year yields staying around zero percent before Wednesday's European Central Bank meeting. 

This effect has been magnified in Greece's bond market as its recovery from a debt crisis continues. On Friday, eurozone finance ministers agreed to disburse 970 million euros as a grant to Greece as part of a post-bailout program, eurozone officials said. 

In addition, officials told Reuters that Greece plans another foray into the bond markets in coming months to repay up to 4 billion euros of high-interest loans to the International...