Seeking Alpha

Ireland credit rating upgraded at S&P

  • Upgrading Ireland's sovereign debt rating to A- fro BBB+, S&P writes: "The upgrade reflects our view of the brightening prospects for Ireland's domestic economy, which we expect to underpin further improvements in the government's financial profile, capital markets access, and financial system asset quality."
  • The agency gives a one-in-three chance of another upgrade in the next two years.
  • Bond markets long ago upgraded Ireland, and the yield on its 10-year paper at 2.45% trades below that of the U.S. Interesting times.
  • ETFs: EIRL
  • CEFs: IRL
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|