At the highest levels in the past two months, above 6.8%, is the current performance of the Greek 10-year government bond, as latest polls which show a SYRIZA lead scare foreign investors and markets, a development that is reflected both in the secondary bond market as well as the Athens Stock Exchange.
An exodus from Greek bonds is also caused by a document going around the dealing rooms which talks about a retroactive tax on foreign investors. The result is that the 10-year Greek yield rose by over 50 points today.
As it is known, bond yields are enhanced when their prices fall.