Bailout

Greece, Portugal Spread to Bunds Widen

By Anonymous

From Bloomberg: Portugal Spread to Bunds Widest in 13 Months on Greek Contagion

The yield on Portugal?s 10-year bond jumped 11 basis points to 4.80 percent ... That left the difference in yield, or spread, with bunds 11 basis points wider at 166 basis points, after earlier reaching 172 basis points, the most since March 10, 2009.

Greek 10-year bonds dropped ... sending the yield up 20 basis points to 8.17 percent. The yield premium over bunds jumped 25 basis points to 503 basis points after climbing to more than 522 basis points, the most since at least March 1998, when Bloomberg began compiling the generic prices.

Full post as published by Calculated Risk on April 21, 2010 (boomark / email).