In The Worst Possible Moment, Fitch Downgrades Greece’s Largest Banks To BBB

Bund Spread Jumps 10 Bps To 325 And just as Greece was about to launch its 10 year bond offering… Where is Papandreou to claim that Fitch was bought by all the accounts (who may or may not invest in the €5 billion issue) to make the price even better. Because the spread to Bunds [...] continue reading world news