Tagged: Default Risk

Greek bond yields look funny now!!

‘We will not allow Greece to default..we are supermen of Euro Zone, saviors of financial sector’, where are you guys who were saying things like that? What does a yield of 145% on 1year...

S&P further downgrades Greece to CC long term rating and C short Term rating

S&P further downgrades Greece to CC long term rating and C short Term rating

Overview Following review of the July 21 statement by the European Council (EC), Standard & Poor’s has concluded that the proposed restructuring, in the form of an exchange into discount or par bonds or...

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