As predicted by Cathal in the comments the Irish ten-year bond yield as calculated by Bloomberg has indeed dropped below 9% this week.
This has been a remarkable performance. It would have been reasonable to expect the surge in the yield in the run up to the EU summit to be reversed. However, a drop from 14% to 11% would have been enough to achieve that. Instead the yields have continued onward and downward and are now at 8.8%.Tweet