Archive - Jul 9, 2010
Greece Scraps Plans To Sell 1 Year Bills On July 13, Will Just Issue 6 Months, As €2.2 Billion In Bills Mature
Submitted by Tyler Durden on 07/09/2010 07:07 -0500So the Greek debt agency, headed by a former Goldman banker, sniffed around, did some reverse inquiry, and discovered that nobody wants to be locked into its debt for more than 6 months, not even with the explicit backing of the ECB. The result: the widely fanfared Greek auction on July 13 which was supposed to indicate some return to capital markets access, and had been planned to be a combination of 6 and 12 Month Bills, will now be just 6 Months. So explain to us again what the point of the whole "confidence boosting" exercise is again?
The Latest Fake Sugar High From Jim O'Neill
Submitted by Tyler Durden on 07/09/2010 06:52 -0500Does Jim O'Neill take sugar with his tea? No thanks Turkish, he is sweet enough.
RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 09/07/10
Submitted by RANSquawk Video on 07/09/2010 03:58 -0500RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 09/07/10
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