Tuesday, April 13, 2010

The NYT Headline Says....

Greek Bond Sale Attracts Strong Demand

Buried in paragraph 4 was this interesting fact:

The rates paid by the government — 4.85 percent for the 52-week bills and 4.55 percent for the 26-week bills — were... more than double what it paid at the last auction on Jan. 12 for similar debt.

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