Greece Debt Cut Three Steps by Moody’s on Default Risk
http://noir.bloomberg.com/apps/news?pid=20601087&sid=aZ3F_H3Ccc.w&pos=4
3 whole steps in one go?!...where were they?
The Ministry of Finance sold 3 billion pounds ($509 million) of bonds yesterday, 1.5 billion pounds less than planned, as yields on 266-day notes climbed 31 basis points from the last auction to 12.47 percent, data compiled by Bloomberg show.
http://www.businessweek.com/news/2011-03-06/egypt-bonds-gdrs-sink-as-bourse-shutdown-probe-deters-funds.html
Sovereign debt repulse...a 24 volume set!
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