She’s here, she’s there, she’s everywhere…
According to Reuters she told German members of parliament that she would agree to boost the EFSF to full capacity if lower-rated euro states contribute capital
She also said she would agree to lengthen debt packages fro Ireland and Greece in return for an Irish corporate tax hike and Greek privatizations.
Elsewhere, a solid US 30-year bond auction is helping push yields lower. The 10-year note is 4.5 bp lower in yield on the day at 3.42%.
