Greek bonds brush aside weak risk appetite | Business

Italian and Greek government bonds – the riskier assets in the eurozone government bond market – strongly outperformed their peers on Monday, brushing aside waning risk appetite across global markets.

The outperformance gave Greek 10-year bonds their best day since September and Italian 10-year bonds enjoyed their best in three weeks.

This followed a Southern European debt sell-off in November, when investors sought to lock in stellar profits from these markets ahead of year-end, when…