Greek bonds fall as FinMin says no return to money markets before Euro polls

Greek bonds fell on Wednesday as Finance Minister Yannis Stournaras (photo) said that while the country is almost ready to return to international financial markets, it is unlikely to do so before European parliamentary elections in May.

Greece’s 10-year yield climbed nine basis points to 6.83 percent.

The rate dropped to 6.62 percent on March 6, the lowest since May 2010.

[Bloomberg]