RSS Feed by Calculated Risk on 8/24/2010 05:32:00 PM
Tuesday, August 24, 2010
S&P Cuts Ireland's Rating, Outlook Negative
From MarketWatch: S&P downgrades Ireland on financial sector cost
The 10-year Ireland-to-German bond spread has risen to 318 bps, and is now above the peak during the European crisis in May. The peak in May was 306 bps.
The 10-year Greece-to-German bond spread is now 885 bps, just below the peak level of 963 bps in May.
