Ex Post Facto: Behind the stories
Bonds not a one-way bet,despite the blessing
Much of the talk after the Moody's upgrade was attracting new investment into Irish bonds from the Middle East and Far East. This should be possible - but it will be a long-term project, as most of these investors have little history of putting cash in here. In the short-term, most of the action will still be from European and US investors. Irish bond prices pushed ahead early in the week and, while they eased...
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