Ireland's cost of borrowing falls below that of France after tumultuous week

The gnarly issue of a cap on wholesale gas prices is set to come back on the table again

The yield or interest rate for Irish 10-year bonds traded on Friday at 2.74%, which implies that the Government can borrow for 10 years from investors at a relatively low cost. 

The cost for Ireland to borrow from debt markets has fallen below the cost of France following a tumultuous week for European debt markets.   

The yield or interest rate for Irish 10-year bonds traded on Friday at 2.74%, which implies that the Government can borrow for 10 years from investors at a relatively low cost.