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Saturday, November 06, 2010

Ireland Update

by Calculated Risk on 11/06/2010 09:19:00 PM

Just an update from the Irish Times: Interest rate on bonds falls slightly

IRELAND MANAGED to break an eight-day losing streak on international bond markets yesterday ... Sovereign bond yields ... remained near record highs for much of the day but finished a little lower at 7.623 per cent.
However, the spread ... on 10-year money reached 5.34 per cent yesterday, the most since Bloomberg began collecting the data in 1991, before narrowing to 5.2 per cent.
The Greece 10 year yield was up to 11.46%, and the Portugal 10 year yield fell slightly to 6.51%.

Just something to watch ... best wishes to all