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Home > Varoufakis "Containment" Sparks Buying-Panic In Greek Bonds; Silver, Crude Pumped As Dollar Dumps

Varoufakis "Containment" Sparks Buying-Panic In Greek Bonds; Silver, Crude Pumped As Dollar Dumps

By Tyler Durden
Created 04/27/2015 - 08:27
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 04/27/2015 08:27 -0500



 

It appears the 'containment' of Greek FinMin Varoufakis has sparked exuberance in Greek bond markets. 10Y GGB yields are down over 60bps (and 3Y -275bps!) on the news. The machines appear to have decided now is the time to  dump dollars en masse.. and that has smashed crude oil and silver prices higher. Stocks have shrugged it off for now...

 

Greek bonds soar... (yields collapse)

[5]

 

And 3Y is insane...

[6]

 

Dollar dumped...

[7]

 

Which has sent commodities soaring..

[8]

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-04-27/varoufakis-containment-sparks-buying-panic-greek-bonds-silver-crude-pumped-dollar-du

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