Trading In Greek Bonds Halted On Tradeweb

By MarketWatch Pulse

Trading in a number of Greek government bonds and other Greek-issued securities have been blocked Tuesday by electronic trading platform Tradeweb. The move came at the request received by the U.K. Financial Conduct Authority, Tradeweb said. Greece's fiscal crisis worsened in recent days as talks between the debt-burdened country and its creditors deteriorated. Dealers were still contributing prices to Tradeweb, a spokesperson said. Indicative prices for 2-year Greek government debt had been lower, pushing the yield up by 1.8 percentage point to 37.60%.

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