Belgian 10Y Yield Tops Greece for First Time Since 2008

Belgium's 10-year bond yield (4.41%) has edged above Greece's (4.40%), a first since 2008, signaling a convergence of market-perceived credit risk. This reflects Belgium's elevated debt and political uncertainty, while Greece's improved fiscal position narrows the spread. The inversion is symbolic but may pressure Belgian borrowing costs and highlight divergent eurozone fiscal trajectories.