Thursday, July 14, 2011

Things are NOT always as they seem: Greece vs. Italy (Seeking Alpha)

8:48 AM "Italy may not be Greece, but it's important to remember Greece wasn't Greece just 15 months ago," writes Peter Tchir of today's Italian bond sale. Greece had a very successful bond auction in March of 2010 - less than 2 months later, the paper had lost 30% of its value.2 Comments [Global & FX]

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