Tag Archives: bonds

Interest Rates on Portugese Bonds Hits 15%

Posted on January 27, 2012 by Les Jones

Portugal 10 Year Yield Passes 15% For The First Time, Is Where Greek 10 Year Was In August And Greek bonds recently hit 415%.

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Hudson’s Law

Posted on January 24, 2012 by Les Jones

“Debts that can’t be repaid won’t.” – Michael Hudson Speaking of which, the haircut on Greek bonds is now up to 80%.

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Greece Bondholders May Get Just 32 Cents on the Dollar

Posted on January 19, 2012 by Les Jones

Mish – Greek Bond Talks Edge Toward 68% Haircut Deal; Will the Deal Be Accepted? Former ECB president Jean Claude Trichet said there would be no haircuts. There were. The first Greek haircut was 21% and it was insufficient. The … Continue reading →

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Printing Money: What Could Possiblie Go Wrong?

Posted on February 18, 2011 by Les Jones

Mark Deninger: Now this ought to lead to some handcuffs: IRISH BANKS are issuing bonds to themselves under the Government guarantee to borrow cheaply from the European Central Bank and to avoid drawing more heavily on emergency lending from the … Continue reading →

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How Crashing Bond Markets Affect Interest Rates

Posted on February 10, 2011 by Les Jones

The Most Dangerous Bubble of All: The Swift and Certain Impacts Of ALL Bond Market Busts … Let’s say I pay $10,000 for a $10,000 face value bond paying 5 percent. I earn $500 in interest each year. No more, … Continue reading →

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