by Calculated Risk on 9/12/2011 08:42:00 AM
Monday, September 12, 2011
Europe: Greek 2 Year Yield hits 64%
The Greek 2 year yield is at 64.3%. The Greek 1 year yield is at 112%. Ouch.
The Portuguese 2 year yield is up to 16.2% (after falling below 12% in August). Also the Irish 2 year yield is at 9.5%.
The European markets are down with the DAX off almost 4%, and the FTSE 100 off close to 3%.
Here are the links for bond yields for several countries (source: Bloomberg):
Greece | 2 Year | 5 Year | 10 Year |
Portugal | 2 Year | 5 Year | 10 Year |
Ireland | 2 Year | 5 Year | 10 Year |
Spain | 2 Year | 5 Year | 10 Year |
Italy | 2 Year | 5 Year | 10 Year |
Belgium | 2 Year | 5 Year | 10 Year |
France | 2 Year | 5 Year | 10 Year |
Germany | 2 Year | 5 Year | 10 Year |