Irish government bonds stable amid latest euro crisis

Independent.ie Monday 16th April, 2012

IRISH government bonds have so far shrugged off the latest euro crisis, with prices remarkably stable last week when borrowing costs soared across the rest of the euro area.Going into the weekend, "five-year yields" -- the interest investors demand for holding government bonds over five years -- were 4.97pc, almost the same as the 4.83pc investors are demanding to lend to Spain or 4.7pc to lend to Italy.It's a dramatic turnaround compared with la...

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