Yields on Greek and Portuguese Debt Sharply Higher
Look at the yields on the Greek and Portuguese ten year notes!
How about a European banking collapse (triggered by sovereign haircuts) that sparks a risk selloff and a big rally in Treasuries??
Friday, April 15, 2011
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2 comments:
NO WAY!
signed Bill Gross
LOL
Was he long PIIGS debt or something?
Or is it just that he should have shorted really bad credits like those instead of USTs?
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