BY CHARLES FORELLE, MATINA STEVIS AND MATT WIRZ
One of the hottest trades of the past few months has been the bonds of a country so shaken by economic and social turmoil that a neo-Nazi party is running third in the polls.
That's right: Hedge funds have been buying Greece.
Ever since Greece completed a debt restructuring in March that turned ?200 billion in bonds into about ?60 billion, distressed-debt investors?many at U.S. hedge funds?have been picking them over. Hedge-fund analysts have flooded Greek finance officials with requests for information. Prices have climbed.
Third Point LLC, based in New York, crowed about Greece in its investor letter earlier ...
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