Fixed income market

The yield on Greece's 10-year bond - an often volatile indication of the cost for the government to raise long-term cash in financial markets - were roughly unchanged on Friday, while two-year yields rose by 22 basis points and five-year yields fell 10 basis points, according to Reuters data.

Greek state bond yields jumped on Wednesday to levels unseen since last June, when markets took a hit from the British referendum to leave the European Union. It is no surprise international agencies are particularly cautious about Greece.

By Lukanyo Mnyanda

Germany?s government bonds fell, extending a rout that pushed 10-year yields up last week by the most since 1998 amid an economic recovery that?s gathering pace.

By Lukanyo Mnyanda

Greek bonds plunged, pushing 10-year yields to the highest this month, as speculation grew that the nation?s financial system may be just weeks from running out of cash.

Greek bonds declined on Monday, pushing three-year yields to the highest since the nation?s debt restructuring in 2012, after the government issued a decree to force municipalities to transfer cash to the central bank.

The decision is another sign of the worsening situation as Greece remains embroiled in a standoff with creditors as pension and salary payments come due.

Greek three-year yields rose as much as 121 basis points to 20.30 percent, the highest since February 12.

The country?s 10-year rate was little changed at 10.78 percent on Monday, up about 100 basis points from the end of 2014.

[Bloomberg]

Greek government bonds advanced for the first time in five days on Tuesday on speculation the country and its international creditors are moving toward an agreement that will help ensure Greece isn?t left short of funds.

The three-year yield dropped 157 basis points, or 1.57 percentage points, to 19.51 percent.

The rate had climbed 308 basis points on Monday.

Greece’s government bonds rose on Wednesday before the first of as many as three presidential votes.

Greece’s three-year yield dropped 21 basis points to 10.63 percent after jumping 57 basis points on Tuesday.

The rate reached 11.13 percent last Friday, the most since the securities were sold via banks in July.

Greek bonds extended losses on Wednesday, with yields on short-dated debt spiking sharply above longer-dated ones, as investors worried about the upcoming presidential elections that could catapult the leftist anti-bailout SYRIZA party to power.

Spanish government debt redemptions due this week helped push Italian 10-year bonds higher as investors bet that a sell-off that sent the yields to the most versus Spain’s in two-and-a-half years this week was excessive.

Italy’s 10-year yields fell three basis points, or 0.03 percentage point, to 2.51 percent, the biggest slide since October 21.