Portugal says Greek situation has contagion risk – Bloomberg

Don’t have Bloomberg but that’s headline being reported to me.

Greek/German 10-year government bond yield spread hits 600 bps, last seen February 1998.

Reuters now have headline: Portuguese FinMin says risk of contagion from Greece exists, reflected in bond markets.

EUR/USD stops below 1.3300 have been tripped on back of comment and we’re down at 1.3285.