Everyone's Freaking Out About Greece Today

greece greek athens protest flag burn

captures the Greece-related headlines that everyone is looking at (especially in Europe).

Bonds:

*GREEK 10-YEAR GOVERNMENT BONDS FALL; YIELD RISES TO 5.40%
GREEK-GERMAN 10-YR BOND YIELD SPREAD WIDENS 4 BPS TO 225 BPS

CDS:

5-YEAR GREEK CDS RISES TO 226.8 BPS VS 209 BPS IN NEW YORK CLOSE  ON TUESDAY – CMA DATAVISION

Traders:

Greece is getting slaughtered again today, the street basically hits ANY bid they can find.
5-year’s  25-35 bps wider.
make that 50 bps now
no more prices in Greece on screens

Don’t miss: The 10 Countries Most Likely To Default >>

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