Greek Yields Breach 7% Amid Spat With EU Ministers

The video discusses the Greek 10-year government bond, highlighting its yield trends over the past year. It notes a recent increase in yields above 7% due to investor concerns about Greece's ability to finance itself without regional support. The video also covers Greece's fiscal oversight by the eurozone and IMF, which has led to unpopular budget cuts and a prolonged recession. Historical yield data is provided, including a record high in 2010. The current yield is lower than the 2014 high, and Greek government securities have shown significant returns this year.

What is the significance of the Greek 10 year bond yield rising above 7%?

How much have Greek government securities returned through Monday, and how does this compare to Portugal's return?