Market Talk

Bond yields look set to fall, whatever happens politically

28th February, 2016
Fiona Muldoon, chief executive, FBD

Pat Rabbitte has had many memorable soundbites through the years. Perhaps his best in the last Dáil was his astute remark that falling bond yields butter no parsnips. It is a couple of years old now, but it still holds true. Whatever the outcome of the general election, it is remarkable that the cost of borrowing for the Irish state is still about 1 per cent over ten years. It is incredibly low and its...

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