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Bailout

: Calculated Risk

Yield on Greek Two-Year Bonds jumps to 13.5%

By Anonymous

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From the Financial Times: Greek bond markets plunge again
The yield on two-year Greek government bonds ... jumped 3 percentage points ... to close at 13.522 per cent.

This is the highest yield on short-dated government debt in the world ...
excerpt with permission

This is now higher than Venezuela at 11%.

The yields jumped for some of the other PIIGS too (Portugal, Ireland, Italy, Greece and Spain). For Portugal the two-year yield increased more than 3/4 of a point to 3.98%.

Full post as published by Calculated Risk on April 26, 2010 (boomark / email).

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