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Old 07-09-2019, 12:11 PM   #61
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Greek 10 year bond about to fall beneath US 10 year Bond, In the world's eyes right now Greece is a better bet than the US for government issued debt.

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Old 07-09-2019, 08:44 PM   #62
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Originally Posted by Running_Man View Post
Greek 10 year bond about to fall beneath US 10 year Bond, In the world's eyes right now Greece is a better bet than the US for government issued debt.
Wow, I wondered, how can that be?

From the first hit on Google:

LONDON, July 8 (Reuters) - Greek bond yields hit new all-time lows on Monday after a weekend election saw Greece’s opposition conservatives return to power with an outright majority, sparking hopes of a renewed focus on strengthening the country’s economic recovery.
That's some pretty big hopes, at least if my recollection of how bad the Greek economy was recently. Or maybe it says something about the US economy, in relative terms?


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