Chaos In Irish 10-Year Bonds: At Highest Ever Since Euro Created in 1999

At 10.28am, the yield was at 8.996%, up 0.132%, near the highest since before the euro was introduced in 1999.

The spread to the bund was 629.2 points.

10-year bonds:

Ireland's jobless rate:

Update 10:30AM: New high reached at 3.07pm local time: the yield was at 9.053%, up 0.189%. The spread to the bund was 634.7 points.