Source: Bloomberg The really bad news globally is the Irish story…their housing price crash has led to a banking crisis and an economy that is pretty much stuffed. Whilst Irish sovereign debt spike in May along with all risky European debt the above chart shows how much worse the market is viewing Irish debt today. …
Daily Archive: November 2, 2010
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Nov 02
The RBA goes up and so does the Yield Curve
Normally I try and produce the chart before the RBA’s decision but was a little slow this time but it is a little intersting to see the market’s reaction to the RBA’s decision to increase the cash rate to 4.75% and its shown in the chart above…an increase in yields across the all maturities although …
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