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Bond yields dip slightly

Greek state bond yields showed a marked improvement in the domestic electronic secondary bond market on Monday with the 10-year bond yield falling below 10 pct to 9.48 pct, from 9.96 pct on Friday.

The yield spread between the 10-year Greek and German benchmark bonds fell to 8.98 pct. The three-year bond yield fell to 12.18 pct and the five-year bond yield fell to 10.76 pct. A Bloomberg report said that these developments might signal a reverse of a very negative trend which prevailed early last week in the Greek bond market.