MW: Greek 10-year bond yield hits 2012 low at 17.17%
By William L. Watts
FRANKFURT (MarketWatch) -- Greek government bond prices continued to get a lift Thursday from expectations the country's international lenders will soon approve the disbursement of a $41.3 billion tranche of aid, while a general strike brought much of the country to a standstill. Greece's 10-year government bond GR:10YR_GRE 0.00% closed with a mid-yield of 17.17% on Thursday, its lowest of the year, according to electronic trading platform Tradeweb. Yields fall as bond prices rise. European leaders gathering in Brussels Thursday for a two-day meeting are expected to discuss Greece but are unlikely to make a decision, news reports said. Meanwhile, thousands of antiausterity protesters marched through Athens, with some clashing with police, as part of demonstrations tied to a 24-hour general strike, reports said.
