Thursday, April 29, 2010

Eurocrisis Fears Ebb...For Now

Grecian government bonds, as well as bank shares, have soared today as the IMF said that the bailout package may end up being 100-120 million Euros. An issue of Italian government bolds was well-received.

Admittedly, they were oversold yeaterday, but there seems to be a hope-springs-eternal componet as well.

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