Greece Staring into the Abyss: Yields Soaring!

Zero Hedge
April 19, 2011

It’s almost time for monetary authorities in Europe to give Greece and its debt holders a ‘coup de grace’.

Yields on Greek government bonds are soaring, with the 2-year yielding over 20% and the 10-year firmly on its way to 15 percent!

Meanwhile, pundits are pushing for a restructuring of the Greek debt, while few analysts are fearing a chain reaction.

More