10-year bond yields for various Eurozone countries remain at depressed levels after spiking in early 2012. Greece in particular has managed to quell investor fears of a default and Portugal is doing the same albeit at a slower rate. Right now, Greece’s 10-year is offering a yield of 11.90%, up 24 basis points week-over-week while Portugal is offering 6.94%, down 5 basis points week-over-week. It should come as no surprise that Germany’s low-yield of 1.32% has come down 11 basis points during the same time period.
