Greece’s economic indicators signal its recession may have bottomed out amid a drop in yields and a surge in shares, Jan von Gerich at Nordea Bank AB said.
Greece’s 10-year yield fell below the rate on its 30-year securities last week for the first time in almost three years, adding to signs the bond market in the nation that triggered the euro region’s debt crisis is healing.
The Greek economy returned to growth in the first quarter as calls intensify for a new European Union-led rescue to stave off a default.
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