Peter Schaffrik
Greek bonds head for worst week since January, weigh on periphery
By John Geddie
Greek bond yields were set for their biggest weekly rise since the end of January on Friday and investors shed other low-rated debt as a stalemate between Athens and its international lenders threatened to bankrupt the country in the coming days.
Greek gov't bonds fall on short-term financing refusal
Greek government bonds declined on Friday, with three-year yields rising the most in a week, as the chair of the euro area?s finance ministers? group said governments won?t grant a request by Greece for short-term financing.
?Nobody knows where this is going,? said Peter Schaffrik, London-based head of European rates strategy at Royal Bank of Canada.
Italian bonds drop as Greek concern sparks worst week in a year
By Lukanyo Mnyanda
Italian bonds fell, with 10-year yields set for the biggest weekly increase in more than a year, as prospects of Greece exiting its bailout combined with the threat of recession to sap demand for higher-yielding assets.