having started the morning at a nice friendly 5.78 the ten year yield is now at 6.08. I presume that as all the NTMA and DoF top brass are off in Brussels they are somewhat delooped.
It seems to be a combo of stress test fears, anglo fears and PIIGS fears
Maybe the markets watched the RTE Freefall documentary last night?
6.10 now…
Bond market saves Ireland pouring more money into Anglo…
Fuck !
nudging 6.14 now.
Can these only be got on Bloomie terminals?
I am going to the above in a few minutes. Is there anything you would like me to ask Biffo about this?
Say it ain’t so Biffo?
I am going to the above in a few minutes. Is there anything you would like me to ask Biffo about this?
Just ask him why he’s driven the country over a cliff. Thanks.
Is there anything you would like me to ask Biffo about this?
where’s the sewage plant that you should have built, cos this buildings in contravention of planning.
Ask him if the government jet is fully fuelled .

nudging 6.14 now.
any comparison figures with fellow PIGS?
bberg or reuters. go to bloomberg.com/apps/quote?ticker=GIGB10YR:IND for a 15m delayed ticker. not pretty today
portugal 5.8. we have decoupled…
I am going to the above in a few minutes. Is there anything you would like me to ask Biffo about this?
Ask him if his word is his bond - and if it is, tell him he better start pumping out some of those “word-bonds” - 'cos the Irish government ones are going down the toilet!

bodyofevidence:
nudging 6.14 now.
any comparison figures with fellow PIGS?
Spreads vs. bund are wider for all the PIGS today; but Ireland is the standout.
Ireland 378bps +10.3%
Spain 180bps +3.4%
Greece 942bps +3%
Portugal 351bps +5.3%
Ask him does he know where the smoking area is?