Greece's new bonds begin trading, currently priced to yield 18.1% on the 11-year and 13.4% on...

|By:, SA News Editor

Greece's new bonds begin trading, currently priced to yield 18.1% on the 11-year and 13.4% on the 30-year. The high yield along with the inverted yield curve reflect investor fears of another restructuring. It's expected the banks forced into accepting this debt will be unloading it over coming weeks, but other institutions could find value in the paper.