Greek Bond Yields Explode as 1 year moves 100 bps to over 752% in One Day

[MinnesotaSmith]

With declaring ex post facto that bondholders have no rights to be paid in accordance to what they signed up for, I'm not surprised. No one with two brain cells would buy Greek debt now, without at least two loaded guns pressed against his head.

[rlm1966]

With declaring ex post facto that bondholders have no rights to be paid in accordance to what they signed up for, I'm not surprised. No one with two brain cells would buy Greek debt now, without at least two loaded guns pressed against his head.

Actually the question is why would the buy in Euro bonds as what has been done in Greece will surely be done for Italy, Spain and Portugal at some point and maybe for some others like France.

[MinnesotaSmith]

Actually the question is why would the buy in Euro bonds as what has been done in Greece will surely be done for Italy, Spain and Portugal at some point and maybe for some others like France.

It's just that the thread's OP was about Greek debt, so I restricted my comment to that.