This page has been archived and commenting is disabled.
Greek 2 Year Yields Spike On Talk Of New 3 Year Offering, Speculators Not Blamed Yet
After just 5 days of relative quiet, a rumor of a Greek 3 Year bond issue is pushing GGB spreads higher over in Greece. 2 Year yields have jumped by 22 basis points to 4.91%, with concerns about the short-end of the curve are pushing the long-end wider as well, with the 10 year drifting wider. Selling in bonds has caused CDS spread to also widen, meaning that the latest round of CDS scapegoating is expected to commence in a few short minutes.
»
- 2038 reads
- Printer-friendly version
- Send to friend
- advertisements -
Papendrou should take this approach:
Unusual insurance case took place in Germany recently. S. Meister, prominent business man, took out a $250,000 insurance policy and paid a higher premium to have a special clause inserted to pay off in event of suicide. A year later, his company went bankrupt. In desperation, Herr Meister came up with a brilliant idea: he went back to the insurance company and demanded $125,000 or he would kill himself and make them pay the full amount. The manager, who knew Meister to be a man of his word, thought it over for a day and then paid out.
http://newsfrom1930.blogspot.com/
That was both hilarious and awesome at the same time.
When will the evil speculators rear their ugly heads towards Italy? Here in Italy we're masters at the blame game....
The people currently rioting in Athens couldn't find anybody willing to admit being a CDS trader, I guess.
They have not even digested the news from the Greek streets yet...
Yes. My understanding is that the strikers next demand will be for lower interest rates...
This is all getting so rich!
It's so good too see we already have 2 ZH posts this morning defending the narcissistic Hugh Hendry and CDS. I know how much you guys hate propaganda. Keep up the phony "we have no agenda/CDS are great" work will you???
The global financial system is corrupt and rigged in favor of the few. Point in any direction and you will unearth vile corruption and fraud. There are no clean hands when playing in the mud.
go market!
Is Germany Already Bailing Out Greece?
http://www.businessinsider.com/did-germany-just-reveal-how-its-bailing-o...
Good Linux hosting option package offered by ucvhost which not only provides the best in terms of hosting packages but also believes in truly being there for the customer, 24x7. cheap vps Moreover , they offer unlimited bandwidth as well as nearly 1GB storage along with database maintenance, email facility along with storage, availability of sub domain and many other important features for a very low price. ucvhost thanks