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Saturday, December 8, 2012

Is Greece in default again?


Reuters Blogs (blog)

Is Greece in default again?
Reuters Blogs (blog)
When S&P downgraded Greece to Default on Wednesday, I thought it was a bit silly. After all, here's a chart of the benchmark 2042 bond, since issue: although it's trading at just about 30 cents on the dollar, that represents an all-time high, and the ...


READ THE ORIGINAL POST AT blogs.reuters.com