Tag Archives: greek
Greece Update: Bond Vigilantes Return, Credit Markets Elsewhere Recover, California Bonds in Demand?!
Time to check in with the Greek narrative. The hysteria has quieted down as new backroom deals to avert a meltdown are reported with some regularity. However, the attempts to sweep Greece’s problems under the proverbial rug are occasionally sidetracked by a pack of rioters, or as is the case below, by the bond vigilantes. If rates continue to creep higher […]
Greek funding update: Deal complete, interest acceptable, funding crisis averted for now…. New Greek €5 Billion 10 Year Bond Prices At 300 Over Midswaps, 326 bps Over 2020 Bund, Comes With 6.25% Coupon Greek debt chief says bids for 10-year bond at EUR14 bln – DJ DJ reports the Greek government’s offering of 10-year bonds has attracted EUR14 billion […]