Greek Bonds Will Yield 5 Percent In 2014, Says Japonica

Lending money to Greece may not be the soundest financial decision that could be made in today’s world. The country is not exactly known for its financial stability, and it’s already defaulted on some bonds in recent years. Greek bonds do have some fans out there, however, and Japonica. The U.S. firm hit headlines recently after offering to purchase around $5.5 billion of Greek debt. Japonica says that it expects the yields on Greek bonds to hit 5 percemt next year. The investment group will not reveal how much of the country’s bonds it actually owns, but it says that…