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Greek 1-Year Bond Yield Hits 205%

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I have been wondering when Greek bond yields would top 200%.
Today is the day.

Greece 1-Year Government Bond Yield

Congratulations to anyone selecting this target date.

However, predictions made yesterday in the wake of Papandreou’s Call for Voter Referendum on EU Debt Deal do not count.

Mike “Mish” Shedlock
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Mike “Mish” Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

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Mike Shedlock

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