getdoon_weebobby Posted November 13, 2010 Share Posted November 13, 2010 Ok this was in December 2001 but could this happen to countries the world over in the coming years ?................ http://www.telegraph.co.uk/finance/economics/2745217/Argentina-bond-yields-hit-42pc.html Quote Link to comment Share on other sites More sharing options...
MongerOfDoom Posted November 13, 2010 Share Posted November 13, 2010 Ok this was in December 2001 but could this happen to countries the world over in the coming years ?................ http://www.telegraph...s-hit-42pc.html http://ftalphaville.ft.com/blog/2010/11/08/397356/it-was-only-a-matter-of-time/ Quote Link to comment Share on other sites More sharing options...
200p Posted November 13, 2010 Share Posted November 13, 2010 I wouldn't rule it out. I'm surprised no one else has posted yet The yield on bonds is inverse to their value.I.e. bond holders get creamed. Hard assets the ultimate safe haven http://charts.infomine.com/multivariantcharts/showchart.aspx?mv=1&f=f&r=10y&c=csilver.xars.uoz 5 argentine pesos invested in silver would be worth 22x the same paper units now. Quote Link to comment Share on other sites More sharing options...
Peter Hun Posted November 13, 2010 Share Posted November 13, 2010 http://ftalphaville.ft.com/blog/2010/11/08/397356/it-was-only-a-matter-of-time/ Ireland don't need to go to the bond market until January, until them, its academic. Quote Link to comment Share on other sites More sharing options...
Ruffneck Posted November 13, 2010 Share Posted November 13, 2010 i thought this was recent please change the topic title it is misleading Quote Link to comment Share on other sites More sharing options...
MongerOfDoom Posted November 13, 2010 Share Posted November 13, 2010 Ireland don't need to go to the bond market until January, until them, its academic. Indeed. Several months of not needing to worry then :-) They really should not have bothered doing any deals in October as it unnecessarily produces bad publicity: http://ftalphaville.ft.com/blog/2010/11/12/402176/that-seeping-irish-confidence-1-per-day/ As a testament to the virulence of the sovereign weakness, the Bank of Ireland did a three-year government guaranteed deal on 27 October which is now trading at 90% which equates to a 1% loss per trading day. Quote Link to comment Share on other sites More sharing options...
pl1 Posted November 13, 2010 Share Posted November 13, 2010 i thought this was recent please change the topic title it is misleading Don't cry for the thread title. It can't be changed. Quote Link to comment Share on other sites More sharing options...
IP Newcomer Posted November 13, 2010 Share Posted November 13, 2010 Ireland don't need to go to the bond market until January, until them, its academic. They've got essentially a month and a half for things to calm down in a thin time of year for the market. They could pull it off, but if they've not got a Plan B and Plan C they are being very stupid. Quote Link to comment Share on other sites More sharing options...
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