Irish Stock Exchange Totally Oblivious To Yawning Bond Yields

The price of 10-year borrowing just keeps getting higher – and yet, shares still seem to be doing pretty well.

20/09/10 109 Views No Comments

Someone tell Irish stock investors that the bond market thinks the government could go broke (or close to it).

Everything’s totally hunky-dory on the equity side of things. Moral Hazard anyone?

Republished with permission from Business Insider.

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Irish Stock Exchange Totally Oblivious To Yawning Bond Yields