In the wake of a deal to provide Greece with billions more in cash, government borrowing costs are all over the place.The Spanish 2-year yield is back below 3% to 2.969%.
Italy’s 10-year is at its lows of the year at 4.745%.
Spain’s 2-year is down to 1.964%, its lowest since March.
Greece’s 10-year is down to a new post-restructuring low.
Conversely, the German 2-year yield is back in positive territory, a sign that safe-haven buying has ebbed.
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