Greece re-enters Top 10 riskiest sovereigns...sort of

Greek Credit Default Swaps restarted trade in May since when the country's risk profile has trended down versus competitors such as Argentina, Cyprus and Venezuela! But still some ground to make up to get down to...Iraq.

Visually this looks thus:

Argentina got left out on this one: bps range spoilt the Y axis scaling for the 9 trailing in the wake.

Full report here.