Tuesday, December 30, 2014

Greece Yields Surge and Oil Drops

Financial markets shifted into risk aversion mode due to increasing Greek political uncertainty. Asia's regional indices were broadly lower as the Nikkei, Hang Seng and Shanghai composite all fell -1.57%, -1.27% and -0.08% respectively. US treasury yields slid lower and European peripheral spreads widened, led by rally in Greek yields.



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