Greek 1 year bonds hit over 600% yield and are trading as I write (8:30AM) at 583%. http://www.bloomberg.com/quote/GGGB1YR:IND 2 year Greeks are at 207% down from over 400% earlier this month. The trick is can you collect? Will the bonds be around long enough for the first dividend? Part of the Euro bailout includes...
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Europe Debt
Greek Bonds – 583 Percent A Year Yield
Greek Police Run Out of Tear Gas
ATMs are running empty and at least 5 buildings are on fire. AP: Riots are spreading across central Athens. Police are shutting down public transportation to prevent protesters from pouring into Athens. Why do I spend so much ink on Greece? Because it is relevant. It will affect us. And I see parallels between...
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