Journal Article

The mysterious Greek yield curve


Abstract: The hump in the Greek yield curve exists because the calculated yields assume that the bonds will pay off at their full value but market prices incorporate expectations that the payoff will be much lower.>

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File(s): File format is application/pdf https://fraser.stlouisfed.org/title/economic-synopses-6715/mysterious-greek-yield-curve-624347
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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2012

Order Number: 6