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Tuesday, April 6, 2010

The Greek debt crisis is quietly growing again

Greece has been largely forgotten by the media over the past 2 weeks. This is somewhat perplexing in light of what is happening over in Europe:

1) Greek 10 Year spreads are back to crisis levels, hitting 6.53% today, 50 bps higher than the sub 6% reached in early March when speculation that the EU would fix everything;

2) German disagreements with other eurozone countries on the...

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