The Greek Debt Rout Is Still On

Feta Cheese

Photo: Wikimedia Commons

No huge developments on the Greece front so far today, just more collapsing going on in the country’s bond market.2-year yields have now crossed 70%.

10-year yields have jumped another 200 basis points to 24%.

Just another standard day for an EU country.

Obviously, this news isn’t helping French banks, which are getting smashed today.

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