Greek Bond Yields on the Rise – Again – Close to a Breakout

Would you believe that the 10 year bond yields on Greece debt are close to breaking out – again?

Greece bond yields on the rise (Source: Bloomberg.com)

Looks like $1 trillion only kicks the can down the road a few months!

A trip down memory lane: Chucking at the Greece bailout when reported on May 11, 2010.

Also, why we’re currently shorting the Euro.

Hat tip Calculated Risk Blog!