{"id":17788,"date":"2018-06-26T11:06:18","date_gmt":"2018-06-26T08:06:18","guid":{"rendered":"https:\/\/bestinsurance.gr\/a1\/?p=17788"},"modified":"2018-06-26T11:06:18","modified_gmt":"2018-06-26T08:06:18","slug":"greek-bonds-may-give-italian-peers-a-run-for-their-money","status":"publish","type":"post","link":"https:\/\/bestinsurance.gr\/a1\/archives\/17788","title":{"rendered":"Greek Bonds May Give Italian Peers a Run for Their Money"},"content":{"rendered":"
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Greek Bonds May Give Italian Peers a Run for Their Money<\/h1>\n<\/section>\n
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Tuesday, June 26, 2018 09:44 AM<\/div>\n

By Kristine Aquino<\/p>\n

(Bloomberg) —<\/span><\/p>\n<\/section>\n

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Greece is back in the spotlight after S&P raised<\/a> the nation’s credit rating by one level to B+ late last night. Considering one big concern over the Greek crisis was that “Grexit” could pave the way for “Italexit,” it’s an interesting juxtaposition with Italy’s current situation — and one that could see the two countries’ 10-year yields converge closer than they have for most of the past decade<\/strong><\/p>\n

Lingering euroskepticism in the Italian government is likely to keep upward pressure on the country’s 10-year yields, which stand ~130bps below their Greek peers.<\/p>\n

Meanwhile, Greek yields stand to get extra downward momentum if other ratings companies follow S&P. Portugal<\/a>, which got upgraded by S&P in September 2017 and Fitch in December later that year, saw its 10-year yields fall more than 100bps within six months of the first ratings action.<\/p>\n

Even if Greek yields only see half of that move, and assuming Italian yields hold steady, we’d still be looking at a sub-100bps spread, which hasn’t been seen since November 2009.<\/p>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Greek Bonds May Give Italian Peers a Run for Their Money Tuesday, June 26, 2018 09:44 AM By Kristine Aquino (Bloomberg) — Greece is back in the spotlight after S&P raised the nation’s credit rating by one level to B+ late last night. Considering one big concern over the Greek crisis was that “Grexit” could<\/p>\n","protected":false},"author":1,"featured_media":17789,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[],"class_list":["post-17788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-2"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/17788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/comments?post=17788"}],"version-history":[{"count":3,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/17788\/revisions"}],"predecessor-version":[{"id":17792,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/17788\/revisions\/17792"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/media\/17789"}],"wp:attachment":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/media?parent=17788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/categories?post=17788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/tags?post=17788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}