{"id":543184,"date":"2010-04-26T05:23:00","date_gmt":"2010-04-26T09:23:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/greece-near-imf-bailout-but-then-why-are-bond-yields-exploding-right-now-2010-4"},"modified":"2010-04-26T05:23:00","modified_gmt":"2010-04-26T09:23:00","slug":"greece-bond-yields-are-absolutely-exploding-right-now-just-before-a-bailout","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/543184","title":{"rendered":"Greece Bond Yields Are Absolutely Exploding Right Now&#8230; Just Before A &#8216;Bailout&#8217;"},"content":{"rendered":"<p>Greece&#8217;s finance minister recently told traders they would <a href=\"http:\/\/www.businessinsider.com\/greece-traders-will-lose-their-shirts-betting-against-us-2010-4\">&#8216;lose their shirts&#8217;<\/a> betting against Greece.<\/p>\n<p>The country is also reportedly very close to finalizing negotiations with the IMF in regards to a 45 billion euro financial lifeline to help with an upcoming chunky 8.5 billion euro May 19th bond maturity date.<\/p>\n<p>So then why are Greek bond yields absolutely exploding right now? The ten-year bond is yielding 9.32% right now according to Bloomberg data, which is far higher than it was trading last week even. The two-year has exploded to&#8230; get this&#8230; 12.55%. Just to lend Greece money for two years.<\/p>\n<p>This is a financing crisis happening right now, right on the eve of a bailout. Which says it all. <strong>Clearly, traders believe the bailout won&#8217;t be enough. The bailout is just a short-term band-aid fix, and an expensive 45 billion euro one at that. This is painfully obvious based on the yield explosion right now.<br \/><\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bd55ae57f8b9a64651d0300-550-\/chart.png\" border=\"0\" alt=\"Chart\" width=\"550\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/greece-near-imf-bailout-but-then-why-are-bond-yields-exploding-right-now-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/xYktDM-xkUU\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greece&#8217;s finance minister recently told traders they would &#8216;lose their shirts&#8217; betting against Greece. The country is also reportedly very close to finalizing negotiations with the IMF in regards to a 45 billion euro financial lifeline to help with an upcoming chunky 8.5 billion euro May 19th bond maturity date. So then why are Greek [&hellip;]<\/p>\n","protected":false},"author":6205,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-543184","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/543184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/6205"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=543184"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/543184\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=543184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=543184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=543184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}