"In conjunction with a "Pause for Reflection" and stalled talks by Greece Bank Creditor Group over the benefits of further "voluntary" cuts on Greek debt, yield on 1-year Greek bonds soared over 400%.
A hard default appears imminent."
at http://globaleconomicanalysis.blogspot.com/2012/01/greek-1-year-bond-yield-tops-408.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29
A hard default appears imminent."
at http://globaleconomicanalysis.blogspot.com/2012/01/greek-1-year-bond-yield-tops-408.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29