Friday, April 15, 2011

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??
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2 comments:

  1. EconomicDisconnectApril 15, 2011 at 2:19 PM

    NO WAY!
    signed Bill Gross
    LOL

    ReplyDelete
  2. CPApril 15, 2011 at 3:45 PM

    Was he long PIIGS debt or something?

    Or is it just that he should have shorted really bad credits like those instead of USTs?

    ReplyDelete