Tuesday, Sep 07, 2010
More problems for Ireland
Financial Times: As ye stress test so shall ye sow
This article looks at the deterioration in the price of Irish government debt prices today and follows on from articles on this subject. There is stress around banks in the euro zone with someone having to borrow some 60 million dollars from the European Central Bank. So after a quiet spell tensions return. Now think of Ireland's banks and the cross-currents with her property markets which explains why her government bond yields have gone above 6% today.
Posted by francesca25 @ 01:16 PM (389 views) Add Comment
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