A few months ago readers thought we were crazy for predicting that the Greek 1-year bond would hit 300% within the month. Fast forward to February 17th 2012, and 300% seems like a distant memory. The Greek 1 year bond yield this morning placed a new all time high of 639.013%.
Perhaps we should hold a contest to predict the date the yield will pass 1,000%?
Snapshot for Greece Govt Bond 1Year Yield (GGGB1YR)
| Open: | 601.08000 | High: | 639.01300 | Low: | 516.78900 |
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