Stick A Fork In It: 10 Year Greek Spread Hits Record 470 bps, 3 Year At 652 bps

"The crisis everyone forgot just got worse than ever. And now that European and IMF rescuers are unable to get to Greece by air, courtesy of Iceland's floating fiberglass factory, Greek 3 year just hit an all time record wide spread of 652 bps, even as the 10 Year is trading a 470 bps to Bunds or a 7.8% yield. Sorry G-Pap, no more guns or fire extinguishers."