User:Nick Gardner /Sandbox: Difference between revisions
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| Supplements to this article include an [[/Timelines|'''annotated chronology of the main events x''']] | | Supplements to this article include an [[/Timelines|'''annotated chronology of the main events x''']]; a [[/Related Articles#Glossary|'''glossary''']]; a [[/Tutorials|'''y ''']]; and an[[/Addendum| '''z ''']]. | ||
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Revision as of 00:44, 11 June 2010
| Supplements to this article include an annotated chronology of the main events x; a glossary; a y ; and an z . |
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An example of such an occasion occurred in 2009 when the difference between the yields on Irish and German 10-year bonds reached 2.5 per cent)[1]. The circumstances that govern that possibility are considered in the article on fiscal policy. Financial instability could result if the interest rate increase raised the perceived risk of default and prompted a succession of further rate increases. The importance of maintaining investor confidence in the safety of their bonds has led the authorities in the European Union and in the United Kingdom to announce their intention to adopt deficit-limiting rules.