Friday, April 9, 2010

Greek Bonds Rise to 7.40 from 6.83 in three days

We saw this coming.

* * * * * J B K * * * * *

San Francisco

The yield on the 10-year Greek bond rose 16 basis points to 7.40 percent, as of 4:04 p.m. in London. The two-year note yield surged 82 basis points to 7.78 percent. The benchmark ASE Index of Greek stocks slid as much as 5.2 percent, its biggest intraday decline since Jan. 12.

http://www.bloomberg.com/apps/news?pid=20601010&sid=aTtmbcNI0HXI