Greece to sell bills as two-year yield tops 20%

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GREECE - Greece plans to sell €1.25bn ($1.78bn) of 13-week Treasury bills today as growing speculation the country will need to restructure its debt pushed bond yields to euro-era records.

Greece's two-year bond yield exceeded 20% yesterday, as official denials that the nation was preparing a restructuring failed to convince investors. The yield on 10-year debt has jumped more than 3...

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