Solid Demand For Irish 10-Year Bond

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Jeff Sica was quoted in The Wall Street Journal. To read the full article, please click here

“Investors have faith that the eurozone economies, including Ireland, will rebound and would rather get 0% on their money in a bond than pay to deposit in a bank.  Mr. Sica was referring to the fact that Irish two-year bond yields recently traded in negative territory.”

The Wall Street Journal

Jeffrey C. Sica is the President and Chief Investment Officer of Sica Wealth Management, LLC (“SWM”), an SEC registered investment adviser that maintains a principal place of business in the State of New Jersey. The information presented herein may not be suitable for all investors, and no portion of this commentary is to be construed as a solicitation to buy or sell a security, or the rendering of personalized investment, tax or legal advice. Past performance does not guarantee future results, as there can be no assurance the views and opinions expressed herein will come to pass. Investing involves risk, including the potential loss of principal. Please consult a financial professional prior to investing.