This is very worrying for our future currency & Bonds stability...
Europe's debt crisis seems to have entered a calm phase, but that's only an illusion, German Finance Minister Wolfgang Schäuble said on Tuesday.The worst is probably still to come, he warned.
German Finance Minister Says Worst Is Yet to Come in Euro Crisis - SPIEGEL ONLINE
A question on our bonds.
Enda Kenny and Eamon Gilmore are adamant that we will exit the bailout next year. We'll
get a bank deal they tell us and I suppose you can we why, rating agencies have an extra spring
in their step for us on that and apparently we're special and of course yields are improving.
Today Draghi told German MP's today that the bank supervisory won't be set up until 2014.
That would lead to direct ESM after.
Now how are we meant to make a full return to the markets next year if that is the case or could
the markets actually fund us with competitive interest rates late next without the second part of the
banking deal providing we get our PN deal by March.
Constipated Gargling mentioned that 2 or 3 weeks ago on VB Sport
I seen Eddie Hobgob there on Midweek with Nora Owen talkin about his WSJ Article.
He was even scarier than this muthafukah!
Nitey nitey Scaryhobgobphobes
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Tiny increase this morning - maybe they were watchin Rock Stead & Nora last night...
GIGB9YR:IND 4.74600 Up 0.00300 | 0.06%
As of 03:56:12 ET on 10/25/2012.
Ireland Government Bonds 9 Year Note Generic Bid Yield Chart - GIGB9YR - Bloomberg
Bad news for Ireland. Should Enda Kenny go?
Update:
GIGB2YR:IND 1.82500 -0.00800 -0.44%
GIGB5YR:IND 3.41700 -0.04600 -1.33%
GIGB9YR:IND 4.72800 -0.01100 -0.23%
Irish bonds now effectively wiped out the huge spikes in the yields and back to pre-crisis levels.