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Sentiment unchanged in April thanks to services gains, consumer confidence also rises -
Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate -
ECB study finds Greeks overburdened by housing costs, most likely to miss payments -
S&P ups outlook to positive, leaves rating at 'BBB-' -
Moody's leaves Greece's rating unchanged, one notch from investment grade -
Investment grade boost visible in strong demand for Greek assets
Greek bond yields edge up as PEPP winds down
The Greek authorities, as well as the markets, had hoped that Greece will continue to enjoy some sort of support from the ECB once the current asset purchase programme, PEPP, concludes in March next year but this looks unlikely.
This was always a largely aspirational position as the ECB could face legal challenges if the central bank breaks the minimum requirement rule of investment grade, which Greece does not have yet, and continued purchasing Greek bonds (GGBs) in the regula...
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