| The KUIK Closing Market Report for Monday, January 20: | |||||||
| Markets were closed in honor of the Martin Luther King holiday. But big news in overseas markets. | |||||||
| Ireland’s government debt was upgraded by Moody’s, with the yield on Ireland’s 5-year bond trading below that of its U.S. counterpart, which means traders consider it less risky. Last Friday, Moody’s lifted Ireland’s debt ratings back to investment-grade status, with a positive outlook. Reason given were the growth potential of the Irish economy, which is expected to help bring debt ratios down from their peak, and the exit from its international bailout, which will improve solvency and restore market access. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/irish-5-year-yield-under-us-after-moodys-lift-2014-01-20?dist=markets | |||||||
| For today’s Closing Market Report click to listen-> | |||||||