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Greek bond yields take a new leg up, with default now nearly 100% priced in. The 1 year Greek...

Sep. 07, 2011 9:45 AM ETBy: Stephen Alpher, SA News Editor2 Comments
Greek bond yields take a new leg up, with default now nearly 100% priced in. The 1 year Greek note yield is up 556 bps to 94.04%. The 2 year, 225 bps higher to 54.56%. Shares in Athens +6.4%, possibly pricing in a denouement to this crisis.

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