IRISH RETURN: Ireland tapped the bond markets Wednesday for the first time since September 2010, when bond yields surged above 6 percent.
WHAT HAPPENED: Bondholders swapped $4.6 billion in bonds due in January 2014 for new bonds due in February 2015, delaying some of the country's debt obligations.
CONTEXT: The European Union and International Monetary Fund had to rescue Ireland out with cheap loans in November 2010 because of massive budget deficits stemming from the huge costs of bailing out the country's indebted banks.
Mike Shedlock - Obama Slashes Four Hours Off Definition of "Full-Time" Employment
'That's bad, right?' Hillary's email trouble might have just deepened (if that's even possible)
Rep. Kinzinger: Muslim Americans Have A Constitutional Right To Sharia Law | RedState
How Bernie Sanders lost the New Hampshire primary
GM Fires Concealed Carrying Valet Who Saved Autoworker Under Attack
Bloomberg vs. Trump? | Human Events
Get Ready For The Hillary Campaign Bloodbath After New Hampshire Loss