Greek Bond Spreads Jump

Ten-year Greek bond spreads jumped on Thursday, compared to German bunds, hitting 167 bps.

"Greek government bonds are holding on to their recent very high volatility and in a widening period are consequently the hardest hit given the very negatively biased market sentiment currently prevailing," David Schnautz, strategist at Commerzbank, told Dow Jones Newswires. 

On the other hand, Konstantinos Stoupas, head of asset management at Beta Securities told Capital.gr that “this is not something important, it is still early and we do not have any important newsflow. There΄s just lack of liquidity in the bond market, and the drop in the stock markets channels money towards bonds like the German ones, while there is less interest in regional bonds like the Greek ones.