, Columnist
Bond Investors Love Greece. Really.
Which country became the symbol of financial chaos after 2008? The one that now has the world’s best-performing sovereign debt.
Remember the drachma? Maybe not if you’re Greek.
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This southeastern European home of 10.7 million people has the lowest risk and highest returns wherever major government bonds are traded. Economists expect the second-fastest growth among 34 developed countries. It's also an emblem of unanticipated economic rejuvenation and the power of 19 nations sharing a currency, the euro.
We're talking about Greece, given up for dead six years ago because of persistent austerity in the aftermath of the 2008 financial crisis.