Here is what you need to know. Greece has submitted its list of reforms. The list outlines reforms Greece intends to implement by July. Eurogroup leaders will hold a conference call later today to discuss the reforms. Traders are buying Greek debt, dropping the 3-year yield to 141 basis points to 13.09%. The yield touched a high of 20.71% on February 9. Russia announced it will not restructure Ukraine’s debt. Moscow noted no official request has been made to restructure the $3 billion of Eurobonds it bought in December 2013. Ukraine’s hyrvnia is crashing, down 17% at 32.75 …read more
Source: Business Insider
