Comments on: Five explanations for Greece’s bond yield http://blogs.reuters.com/felix-salmon/2014/04/11/five-explanations-for-greeces-bond-yield/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: y2kurtus http://blogs.reuters.com/felix-salmon/2014/04/11/five-explanations-for-greeces-bond-yield/comment-page-1/#comment-49745 Mon, 14 Apr 2014 02:21:10 +0000 https://blogs.reuters.com/felix-salmon/?p=23350#comment-49745 The idea that governments are going to take a bath and spare the private sector is laughable.

The idea that bond holders are some how going to benefit from currency devaluation is also a head scratcher… I make a 5% coupon return in a currency that gets devalued by probably at lest that much? Better than owning German notes but hardly a win.

Using the optimistic outcome outlined above you’ve basically got 15% max upside in 18 months. What’s your max downside -50%.

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