Irish bond yields

[hammer]

Again it's attack SF regardless of the thread I suppose you want them to put on the green shirt for Ireland ? Funny, when Lenihan was saying the same you weren't too inclined to put on the green shirt for Ireland

First part of plan
Remove DELUDED FF from the pitch.
Wear Lendahands green jersey after they bankrupted the economy and saddled us with a €440,000 million guarantee ?

[bob3367]

Yeah, you've just reminded me that I still hold a few AIB shares. I could probably pay for today's dinner on the back of that!

Cheap dinner Gimp, but who is buying these, I did last November, and flipped them, made a few bob, but my purchases would relatively small....

Someone is buying, but why, its almost 100% owned by the Government.

[PO'Neill]

That sort of glib nonsense shows you up for the simpleton spoofer that you are - not a bit of wonder you believe all that Sinn Fein magic money fairy guff.

[Ren84]

Great, we'll all run out and buy property

The finance bill giving effect to many of the budget provisions yesterday detailed measures to stimulate the housing market. I felt like weeping at that moment. Stimulating more housing? FFS!

[Ren84]

I wrote last Friday,

knowing Sod's Law the Greeks will probably make a haims of their debt talks over the weekend. Rather than the structured default the EU is trying to get Greece and its creditors to agree to, things will collapse at the last minute and a disorderly default will take place, sending European markets into a tailspin.

Seems I was somewhat correct. I had suggested that Irish bond yields would be below 7% by now, in part because of a solution to the Greek crisis. They're still above 7%, but only just. It's looking increasingly possible that this plan could be rejected by the Greek parliament.

Eurozone crisis live: Strikes in Greece as Europe demands more cuts | Business | guardian.co.uk

[Ren84]

Irish 9 year notes closed below 7% for the first time in over a year today at 6.93%. A positive development.

[Impartial_Eclipse]

Irish 9 year notes closed below 7% for the first time in over a year today at 6.93%. A positive development.

Please form an orderly queue to explain why this is of no importance whatsoever and simultaneously really BAD news.

[Pat Gill]

Please form an orderly queue to explain why this is of no importance whatsoever and simultaneously really BAD news.

Oh if only I could have a euro for everyone in the queue.

[Taxi Driver]

Irish 9 year notes closed below 7% for the first time in over a year today at 6.93%. A positive development.

Get it right. It finished at 6.929. This is a disaster.

9 + 9 = 18 and 6 - 2 = 4. Add the two digits of 18 gives 9 and add 4 to that gives 13. We are doomed. Ireland will default in 4 days and the eurozone will be evaporated in 13. This is a complete disaster.

[Mossy Heneberry]

Cheap dinner Gimp, but who is buying these, I did last November, and flipped them, made a few bob, but my purchases would relatively small....

Someone is buying, but why, its almost 100% owned by the Government.

AFAIK, banks are borrowing money from the ECB and then buying up government bonds for a higher return.