Funds flee Greece as Germany warns of “fatal” eurozone crisis – Telegraph

The yield on 10-year Greek bonds blasted upwards by over 40 basis points to 7.15pc in a day of wild trading. Spreads over German Bunds reached almost four percentage points, by far the highest since Greece joined the euro, and close to levels that risk a self-feeding spiral. Contagion hit Portuguese, Spanish, Irish, and Italian bonds.

via Funds flee Greece as Germany warns of “fatal” eurozone crisis – Telegraph.

Published by Thomas Guy

Everybody dance. Everybody dance, now.

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