Tuesday, September 13, 2011

Priceless | How do you KNOW a Country will default? Slope of hope Commentary)


Dollar AAAAAA+ and then some
"How do you know a country is about to default?" asks Lorcan Kelly. "When the percentage change in yield is smaller than the percentage point change in yield." The yield on Greek 1 year paper rises 18 percentage points - but just 15% - to 135%.
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