Greek 10 year
How is it that the Greek 10 yr has a yield of 10%? I know its risky to buy it but how is the yield so high?
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My unscientific answer: It is super risky. I'm sure once you adjust the yield for the probability of default, the estimated return is shit.
No shit...That's a low yield for a country that recently had a debt crisis. Prices have gone up significantly over the past months.
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