“You’ll Like It Too!” Ireland Now Less Risky Than France

Tired of sticking around in OATs as spreads to bunds balloon and Marine Le Pen’s chances of becoming President tick higher taking us ever closer to a French redenomination event and subsequent €1.7 trillion sovereign default?

Well then maybe you should flee to the “safety” of Irish govies which, according to the market anyway, are now less risky than French debt...

irish

(Bloomberg)

“You’ll like them too!”…

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