The Mumble: Come on Greece, what are you waiting for?
Portugal, whose unemployment rate hit a euro ere high if 17.7% in the last quarter, hauled in €10.2bn of orders for a 10 year deal this week. Spain, whose economy can hardly be described as in robust health, is most likely about to sell a 10 year at yields closer to 4% than 5%. Where next can investors turn to now for yield? Well, Greece of course.
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