Seeking Alpha

Keeping their eyes on sovereign bond markets, traders unload euros before the weekend. Greek,...

Keeping their eyes on sovereign bond markets, traders unload euros before the weekend. Greek, Irish, and Portuguese 2 year note yields all soar by about 100 basis points, Greek paper now at 23%, Ireland and Portugal about half that.
Comments (2)
  • Duude
    , contributor
    Comments (3358) | Send Message
     
    Greek 2 year notes at 23%? Yeah, investors seem to be buying into a stable EU. I wonder if anyone would be willing to trade a Greek 2 year for some 50 year Venezuelan zero coupon bonds?
    21 Apr 2011, 03:07 PM Reply Like
  • jsIRA
    , contributor
    Comments (2427) | Send Message
     
    Rumors of default cost the bond jump.

     

    Greece released news that citi bank traders spread the default news from their e-mails.
    23 Apr 2011, 08:25 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|