Greek 10-year yields have fallen to the lowest ever in data going back to 2007, to 2.15%, At this point, Greece’s longer-term borrowing costs are about the same as those for the U.S.

by SpontaneousDisorder   Sources: Spike on the left is euro crisis. Debt to GDP high as ever yet investors treating greek debt like its safe as houses.

Bond Yields are Inverted *10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity (T10Y3M) Every time the difference between the 3 month and 10 year treasuries goes negative a recession ensues. A strong … Read more