Joined Nov 11, 2007
31,929 Blog Posts

HELP! Greek Elections to Be Held: Euro Slides, Sovereign Bond Yields Spike

It was just announced that elections will be held in Greece, sending the euro under $1.28 to the dollar. Spanish yields spike to above 6.3% and Italian yields are now north of 5.8%.

European markets have reversed and are decidedly lower.

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