Tuesday 3 May 2011

ECB Official: Extension of Greek debt maturities possible

http://www.calculatedriskblog.com/2011/05/ecb-official-extension-of-greek-debt.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CalculatedRisk+%28Calculated+Risk%29

This isn't the official position, but some sort of restructuring seems priced in with the yield on Greece ten year bonds at 15.7% today and the two year yield up to 25.9%.

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