By William L. Watts, MarketWatch
LONDON (MarketWatch) — The Irish rescue isn’t about Ireland.
Any deal between the Irish government and the European Union and International Monetary Fund to resolve Ireland’s financial crisis is ultimately aimed at cutting short the turmoil in sovereign bond markets that policy makers fear could one day price Portugal or even Spain out of global credit markets.
http://www.marketwatch.com/story/after-ireland-traders-turn-to-portugal-spain-2010-11-19#
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