From Phil Davis today:
"Greek bonds are already passing the 20% mark again so this "fix" has lasted all of a few hours and already we're seeing rates creep up in Italy, Spain and Portugal (Ireland can't even borrow money – at any price)"
Friday, March 9, 2012
The Greek Restoration Project: Greece "Fixed" Again: Rates Already Creeping Up
From Phil Davis today:
"Greek bonds are already passing the 20% mark again so this "fix" has lasted all of a few hours and already we're seeing rates creep up in Italy, Spain and Portugal (Ireland can't even borrow money – at any price)"
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