The Traderszone Network

Published in TZ Latest News 6 July, 2015 by The TZ Newswire Staff

Bond Prices Rise As Greek Vote Fuels Flight To Safety

Bonds from the U.S. to Germany to Australia rose after Greek voters opted against government spending cuts being demanded by creditors, increasing concern the nation will be forced to leave the euro bloc. Benchmark 10-year fell to a two-week low as investors sought the relative safety of governments bonds and European stocks fell after Sunday’s referendum.

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