TOTALLY CRAZY! #Greece’s bonds are all the rage in Europe while debt to GDP ratio jumped >200%.

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TOTALLY CRAZY! #Greece’s bonds are all the rage in Europe while debt to GDP ratio jumped >200%. Spread to bunds dips below 100 bps for first time since 2008. Small size of the market has amplified impact of ECB backstop. h/t Holger Zschaepitz

TOTALLY CRAZY! #Greece’s bonds are all the rage in Europe while debt to GDP ratio jumped >200%.

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