Jens Bastian – Restructuring: By design or by default?
April 21, 2011
We could be entering end-game territory in the coming months. News from the bond markets about Greece resembles bulletins about Alpine peaks rather than sovereign debt priced within reasonable parameters. Greek three-year bond yields jumped to over 22 percent this week. Such surreal yield levels are pricing in the restructuring option to take place in […]
Posted by Bastian Jens