by Calculated Risk on 4/26/2010 05:49:00 PM
Monday, April 26, 2010
From the Financial Times: Greek bond markets plunge again
The yield on two-year Greek government bonds ... jumped 3 percentage points ... to close at 13.522 per cent.This is now higher than Venezuela at 11%.
This is the highest yield on short-dated government debt in the world ...
excerpt with permission
The yields jumped for some of the other PIIGS too (Portugal, Ireland, Italy, Greece and Spain). For Portugal the two-year yield increased more than 3/4 of a point to 3.98%.
Posted by Calculated Risk on 4/26/2010 05:49:00 PM