Periphery yields up as ECB disappoints but Ireland tipped for syndication joy

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Periphery yields up as ECB disappoints but Ireland tipped for syndication joy

Eurozone periphery yields rose late on Thursday after European Central Bank president Mario Draghi failed to excite market participants with hints of more dovish measures such as sovereign quantitative easing. But with rates still near historic lows, few funding officials will be worried — least of all in Ireland, which revealed plans for a possible syndication in the final quarter of the year.

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