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[Tuff-Stuff]

Its all make believe, and the same game most everywhere~

[Tuff-Stuff]

Greece’s 10-Year Yield Drops to Less Than 7% After Bailout Deal

May 25, 2016 — 3:59 AM EDT

Greece’s bonds advanced, pushing the 10-year yield below 7 percent for the first time since November, after its creditors agreed to release aid and committed to ease the nation’s debt.

Yields on Greek securities maturing on July 17, 2017, also slid to the lowest since November. At a meeting of euro-area finance ministers in Brussels Tuesday, the country won the disbursement of 10.3 billion euros ($11.5 billion) of aid.

Greece’s 10-year bond yields fell 22 basis points, or 0.22 percentage point, to 7 percent, as of 8:59 a.m. London time and earlier touched 6.98 percent. The 3 percent security due February 2026 rose 1.28, or 12.80 euros per 1,000-euro face amount, to 76.675.

The yield on the nation’s notes due in July 2017 dropped 128 basis points to 7 percent, and earlier fell to as low as 6.62 percent.

http://www.bloomberg.com/news/articles/2016-05-25/greece-s-10-year-yield-drops-to-less-than-7-after-bailout-deal