Failed Bailout?
# failed-bailout - Thursday 2 December, 2010
Morgan Stanley: Ireland’s bailout failed, and the euro can’t be saved
A Morgan Stanley analyst reckons the 5.8% rate is too high, and moves to hit bondholders will backfire.
# failed-bailout - Tuesday 30 November, 2010
Contagion spreads as bond markets reject bailout plan
Ireland’s cost of borrowing remains at new highs – and so does that of Spain, Portugal and (worryingly) Italy.
# failed-bailout - Thursday 25 November, 2010
Bailout fears take their toll: Ireland’s bonds hit 9%
Fears over the future of Ireland’s economy, and whether a bailout can be secured, sends borrowing costs to new highs.
# failed-bailout - Tuesday 23 November, 2010
Bank shares tumble as bailout contagion fears continue
The markets are officially over the Irish bailout: bank shares are diving, while bond yields are still on the up.
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