Irish – German 10 Year Government Bond Yield Spread Widens To Record High

After Standard & Poor’s cut Ireland credit rating down one notch from AA to AA- (with negative outlook) the Irish – German 10 year government bond yield spread widened to record high 330 bps.

Bloomberg story on Ireland downgrade: Ireland’s Credit Rating Cut by S&P on Costs of Bank Aid.

Chart 1. Irish – German 10 Year Government Bond Yield Spread

Source: Bloomberg

This entry was posted on Wednesday, August 25th, 2010 at 2:19 am and is filed under Markets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

 

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