Greece ETF Tumbles as Bond Yields Surge

Shares of the Global X FTSE Greece 20 ETF (NYSEArca: GREK) are down 4.6% Thursday on news the country will not make a tax on foreign owners of Greek debt retroactive. Yields on Greek 10-year sovereign bonds surged 8% to highest levels in almost two months, according to Bloomberg data. Soaring Greek...
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