Irish And Italian Bank CDS Wider Across The Board

Right now, the situation in Ireland is worsening as CDS on Anglo Irish Bank skyrockets. But worries over that bank are spreading to other Irish banks and the sovereign, as well as Italian banks.

Concerns are increasing that the bank bailout organised by the Irish state may need to be abandoned in the interest of the Irish economy.

From CMA Datavision:

Ireland Bank CDS

And Italian bank CDS, from CMA Datavision:

Italian Bank CDS

Reminder: Here’s how Ireland got into this mess >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.