Irish Stocks Giving Up More Gains, Portuguese CDS Widen

The response to the Irish bailout news really is less than enthusiastic.

(Felix Salmon has a good critique of it, which basically boils down to: it’s not enough.)

Irish shares are up just around 0.5%.

And Portuguese CDS are wider according to Markit as markets bet that it’s next, rather than that it’s been firewalled off.

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