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Good News for Ireland's Finances at long last
3rdforum-
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Join date : 2011-08-30
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Location : Ireland
Campbell Brodie-
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- Post n°2
Re: Good News for Ireland's Finances at long last
by Campbell Brodie Sat 26 May 2012 - 19:04
The worrying bit about that piece is the 10 year "yields" are at 7%. (No higher than January it says), yet we are told that 10 year yields over 6% are un-sustainable. 
3rdforum-
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Join date : 2011-08-30
Age : 54
Location : Ireland
We were paying 6.5 % 3 years ago. The good thing is that Ireland is no longer looked upon in the same way as Greece , portugal and to a lesser extent Italy & Spain. Thats why the Greek situation has had only a small effect on our bond yields. You've got to remember that 12 months ago, they yields were hitting close to 15%. If we pass this Fiscal treaty next week, they should come down even more. ( I'm against the treaty btw)