After the near collapse of the Irish financial system, an article in Bloomberg suggests that Irish bank bonds may entice back investors as they continue to outperform Irish state-guaranteed bonds. Haig Bathgate, Chief Investment Officer, remains reticent and says:"I don't see how they will be able to maintain that guarantee, ..... and certainly the chances of a default on the bank debt are significantly more than on the sovereigns".

To read the article, 'Irish Bonds Tempt Buyers Again After Banks Blow Up: Euro Credit' from Bloomberg's website, please click here.

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