> I still disagree that bond prices are good forward looking indicators about the health of a national economy. From January to September 2009, yields on Greek

> I still disagree that bond prices are good forward looking indicators about the health of a national economy. From January to September 2009, yields on Greek bonds actually fell almost a point--by your criteria, seeming to indicate strengthening future prospects for the Greek economy. Instead we all know what happened next. I would definitely not say that low eurobond yields on Greek debt is related to strengthening prospects in Greece. But rather an expected likelihood that Germany and the ECB would bailout Greece at terms favorable to bondholders.