Credit-Default Swaps on Greece Debt Hit Record High

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The bond vigilantes continue to circle the wagons in Greece.  Bloomberg reports: European stocks fell today, led by indexes in Greece, Spain and Portugal. Credit-default swaps on Greece rose 38 basis points to an all-time high of 970 basis points, according to CMA DataVision. Contracts on Portuguese government securities climbed 16 basis points to a […]

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