The Greek 1 year yield shot past 300% today, rising 15% on the day to 307.64%!It's been a whopping 22 days since the Greek 1-Year yield hit 200% on November 1st. At this pace the Greek 1 year may pass 500% before the end of the year.
But not to worry folks, the Greek situation is contained- who doesn't think that 308% is a sustainable 1 year bond yield!?!
Sterling's gonna need some Lipitor.
