Round numbers

Daniel Akst | June 24, 2010

They stand out, don’t they? Things have been quiet in the Eurozone lately, but today the cost of insuring Greek government bonds set a new record by surging past $1 million (to cover $10 million for five years). The price is said to imply a 67 percent probability of default in the next five years. The full story is here.


Leave a Reply

You can use these XHTML tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>