Greek 1-Year Debt Yield Hits 108%, Still No Comment From Trichet; U.S. and Germany 10-Year Yields at New Record Lows

 

Greece 1-Year Government Bond Yield

I have been expecting Greek yields to surpass 100% and here we are, and still with no comment from ECB president Jean-Claude Trichet.
Meanwhile U.S. the 10-Year treasury yield hit a new all-time low of 1.89% and the German 10-Year bond yield hit a new all-time low of 1.72%
Yield on the 10-year Italian bond rose .06 to 5.47%.
So, what's Trichet going to do for his going away party?
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

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