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Old 03-05-2010, 11:40 AM
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Default Greece Far From Out Of The Woods, Despite Successful Debt Sale

This week's sale of Greek debt has gone unequivocally well; with pension funds and insurance companies alike lapping up the chance to secure 10 year bonds at a mouth-watering 6.35% yield. Compare that with Spain's similar 5 year offering yesterday which went for 3% and the fact that this yield...
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