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Irish Debt Problems Take Center Stage
After a brief pause on Friday, EU's peripheral bond yields spread resumed its widening this morning. The primary focus is on Irish debt, as a flurry of conflicting articles and comments hit the wires over the weekend. It seems for now worries over Chinese policy tightening will take a back seat to events in the EU. IMF Managing Director Strauss-Kahn stated that "so far I have not had a... ...More...
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