If You Bought Greek Bonds in January You Earned 79%: Euro Credit

bloomberg.com — Investors bold enough to buy junk- rated Greek bonds in January have earned twenty times more than owners of top-rated German debt this year even after the biggest ever sovereign restructuring. Greek government bonds returned 79 percent this year, compared with 3.7 percent for German bunds and 5.8 percent for Spanish securities, Bank of America Merrill Lynch indexes show.
If you bought Greek bonds early this year, you'd be looking at close to an 80% profit: Bloomberg. t.co/uP73dFmF
RT @lucy_meakin: If You Bought Greek Bonds in January You Earned 80%: Euro Credit t.co/ZQxkeyA0 via @BloombergNews
Smart investors (or lucky ones) bought junk-rated Greek debt that returned 80 pct. t.co/cIxmCv1M