New Deterioration In Ireland Government Bond Spreads

Irish 10 year government bond yield spread versus same maturity German moved to new record high today. European markets resemble roller coaster ride today, having fallen post opening and paring losses after some verbal intervention from ECB officials.

Irish story is starting to more and more look like Greece earlier.

Chart 1. Ireland vs. Germany 10 Year Government Bond Yield Spread

Source: Bloomberg

This entry was posted on Tuesday, September 28th, 2010 at 7:05 am and is filed under Markets. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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