Greece 10 year bonds YTM 30%
Via Zero Hedge:
If this isn't a bet against the Euro, I don't know what is. Greece 10 year bonds maturing in less than 30 days (May 19th) is being sold at 98.7.
This is whopping YTM of 29.6%, unheard of anywhere in world. For example, junk bonds in the corporate world are trading at about 7% over treasuries, perhaps close to a 11% YTM. That means that Greek bonds are trading at a bigger discount than junk bonds.