DUBLIN: Ireland sold 1.5 billion euros in bonds on Tuesday, weathering a ratings cut by Moody's, and Spain and Greece found buyers for shorter-term paper, adding to evidence of a recovery in demand for peripheral euro zone debt. While premiums remained high, the trio of successful auctions showed concerns over a possible sovereign debt meltdown in the region are easing and suggested stress tests being published on Friday are expected to give Europe's top banks a reasonably clean bill of...
Full Story: The Times of India
