Greece fired the starting gun for Europe's sovereign crisis, and it could be Greece that ends it (at least for the time being) if, as is widely speculated, the sovereign returns to the international bond markets in the near future. Yields on Greece's outstanding paper, which have been on a downward trajectory for a while now, are around their lowest levels since the 2010 bailout - in the 6.75%-7% range in the 10-year part of the curve. And the Troika last week was sufficiently satisfied with the country's progress to approve the latest disbursement of aid.
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