Bond market spotlight on new deals, first Greek sale in almost a year

Greek government bond yields fell on Tuesday, outpacing eurozone peers, as Greece began selling a five-year bond for the first time since emerging from an international bailout five months ago.

Eurozone bond markets were supported by caution before Britain's parliament votes on Tuesday on proposals to change Prime Minister Theresa May's Brexit deal, looming high-level talks between the United States and China on trade and Wednesday's Federal Reserve meeting.

New bonds, sold via a syndicate of banks, from Greece, Belgium and Austria were also in the spotlight.

Weaker economic conditions have boosted expectations that record low interest rates will remain in place for some time. This has encouraged governments to launch new bond deals and take advantage of renewed investor appetite for fixed income.

After hefty yield falls in the past month, the upcoming sales...

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