Greek 1-Year Currently Trading Above 600% - Global X MSCI Greece ETF (ARCA:GREK)

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As Zerohedge notes, Greece's 1-year paper is currently having its single day largest jump, and is currently trading just above 625%.The move may be due to ongoing developments in Greece. Earlier today, it was reported that the ECB had completed its exchange of Greek bonds. This weekend could also be interesting, as US markets are closed on Monday, perhaps making tonight an ideal time for Greece to declare bankruptcy.

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