The extra yield that investors demand to hold 10-year Greek debt instead of benchmark German bunds rose to 16.28 percentage points today, a record high.
Greece has a more than 84 percent chance of default, according to five-year credit swaps, which are quoted at 2,250 basis points by CMA, the highest in more than a month.
Source Bloomberg
The worlds problems dont get fixed by a speech and 10% drop in the gold price. LOL....
