Greek Bond Yields Surge Above 19% After EU Talks

Submitted by Tyler Durden on 01/30/2015 10:20 -0500

• Bond
 
• Greece

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Following finance minister Varoufakis' insistence that Greece will not accept more debt (or what EU calls a "bailout") and talks with the Eurogroup chief end, Greek bond yields have surged (and prices dropped) with 3Y GGBs back over 19% - the highest since the crisis. Greek bank stocks - after yesterday's exuberant penny stock squeeze - are falling once again.

Greek bonds are plunging...

Greek bank stocks have faded fast post-Troika meeting...

Charts:Bloomberg

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