”There was also speculation that Portugal could be hit with extra charges for margin requirements because bond yields have risen close to levels that would trigger increases.”
"We have a Aaa outlook for the US that is stable and we are not contemplating changing anything anytime soon, that is the bottom line,” Steven Hess, senior credit officer at Moody’s
“The easy answer is to say buy the rumour, sell the fact and, in this case, that’s what has happened,” says Michael Kastner, principal at Halyard Asset Management.
“We are certain that Ireland and Portugal will have to seek financial assistance like Greece. The cost of borrowing in these countries is not sustainable.”
”A pact would face an uncertain fate in the newly elected US Congress. Republicans tend to be more supportive of trade deals than Democrats, but the situation is complicated by the election of many Tea Party Republican candidates whose rhetoric is often isolationist.”