Greece 10-Year Bond Chart (04/12/2010)

Greece 10-Year Bond Chart: Current Value: 6.67
Greece 10-Year Bond Technical Analysis Chart: Greece 10-Year bond made the fifth wave (V), therefore it should rollover soon. From technical stand point, if Greece 10-Year Bond gets above 7.40 it would be a very bad signal.

Do not pay attention to Greece crisis. Greece economy is so small that it does not mean a thing to the world economy. Probobly IMF end up bailing them out. Greece crisis a regional problem not a global issue, but Wall Street could use it as an excuse to move the market. You need to become nervous if Spain losses +AA credit ratting to AA and eventually become +BB.

Here some economics facts about Greece:

GDP: $341 billion (2009 est.)
country comparison to the world: 34
$347.9 billion (2008 est.)
$338 billion (2007 est.)

GDP (official exchange rate):
$342.2 billion (2009 est.)

GDP - real growth rate:
-2% (2009 est.)
country comparison to the world: 143
2% (2008 est.)
4% (2007 est.)

GDP - per capita (PPP): $32,100 (2009 est.)
country comparison to the world: 43
$32,400 (2008 est.)
$31,600 (2007 est.)
note: data are in 2009 US dollars