Greek 1-Year Debt Yield Hits 108%, Still No Comment From Trichet; U.S. and Germany 10-Year Yields at New Record Lows

Greece 1-Year Government Bond Yield

I have been expecting Greek yields to surpass 100% and here we are, and still with no comment from ECB president Jean-Claude Trichet.

Meanwhile U.S. the 10-Year treasury yield hit a new all-time low of 1.89% and the German 10-Year bond yield hit a new all-time low of 1.72%

Yield on the 10-year Italian bond rose .06 to 5.47%.

So, what’s Trichet going to do for his going away party?

Mike “Mish” Shedlock
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