Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Fuss Buys Only Portugal After Cally 65% Rally In Irish Debt
FYI: Loomis Sayles & Co., the investor that bought Ireland’s government debt before the nation’s 2011 bailout triggered a historic rally, now likes Portugal’s dollar-denominated bonds. The firm, once one of the world’s largest disclosed holders of Ireland’s bonds, said it bought the Iberian nation’s securities and isn’t interested in other European sovereign debt for the $24 billion Loomis Sayles Bond Fund. Regards, Ted http://www.bloomberg.com/news/print/2014-09-29/fuss-who-timed-irish-debt-rally-buys-only-portugal-within-europe.html
