Bloomberg News

Irish Bonds’ Volatility Created Buying Opportunity, Coutts Says

June 19, 2013

Coutts & Co. bought Irish government bonds last week after market volatility increased, according to Niamh Wylie, a money manager at the company.

The yield on Ireland’s 10-year bond climbed to 4.26 percent on June 11, the highest since March.

The increase in volatility created a buying opportunity for Coutts, which oversees about $49 billion, Wylie told reporters in London today.

To contact the reporter on this story: Lucy Meakin in London at

To contact the editor responsible for this story: Paul Dobson at

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