Every dog has its day, as the Athens Stock Exchange jumped 14.4% following news that two of...

|By:, SA News Editor

Every dog has its day, as the Athens Stock Exchange jumped 14.4% following news that two of Greece's largest banks will merge. But the index is still down 28% YTD, and Greek debt still looks terrible, as many questions remain unanswered. The Greek two-year yield is back above 45%, and the one-year is above 60% for the first time.