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Friday, October 29, 2010

Greek bonds continue to weaken sending the yield spread to soar

Friday, October 29, 2010
Greek bonds continue to weaken sending the yield spread to soarMarkets continue to be stressed about the outlook for indebted nations and see the potential valid for their default. Today Greek 10-year bonds continued to slump for the fifth consecutive day which pushed the yield investors demand for holding the bonds versus their German counterparts to rally above 800 basis points for the

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