MARKET NEWS Friday, 20 November 2009 - 14:44 |
ING Sees Greek Bond Selloff As Excessive |
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Even if the selloff in spreads was on the table in the euro zone after the vast tightening of government bond yield spreads, the selloff in Greek government bonds is "excessive," says ING Bank, according to Dow Jones Newswires.
The firm notes that the main theme over the past week, and likely the weeks ahead, will be on the volatility in peripheral spreads, especially those spreads of Greek bonds versus other countries within the euro zone, the news agency reports. |
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