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OPINION

Greek Drama Spooks Bond Market

Townhall Staff
Townhall Staff | Jun 16, 2011
The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
LONDON—The cost of insuring Greek government bonds against default soared to another new record Thursday as a growing government crisis cast doubt on the country's ability to continue qualifying for international aid.
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Jitters swept through bond markets of other high-debt countries. Meanwhile, German government bonds, or bunds, reaped new gains as investors banked on their reputation as Europe's safe haven.

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