Quote from Happy Hopping:
can I ask a primitive question:
Whenever CNBC list the yield of the PIIGS nations, they always shows this:
Italy 10 year, yield 4.541% 93.968, up 1.067
Ireland 10 yr. T-note 9.231, down 0.337 -3.52%
Greece 10 yr. yield 11.946%, 68.388 down 0.097
What exactly is showing at Ireland? What is 9.231?, and what's -3.52%, don't tell me -3.52% is the yield
9.231+0.337 (Add back the change in price) =9.568 (Last closing price)
9.568-0.337 = 9.231 (Latest price)
-0.337/9.568 = -0.0352 or -3.52% from the last closing price

