Traders await remaining in other countries in the euro area, budgetary issues concerns such as the Portugal and Spain, eventually will keep insidious euro.
10 Government bond yields years fell Monday and the spread of German bunds shrank after that Dublin agreed an aid programme to help fight against his Bank and fiscal crisis.
"You can argue the bailout was already a bit in the price, but the question is who is the next - Portugal and the Spain are under the microscope - and when you start thinking about selling some other things in force?", said a trader.
Carsten Stories, an economist at ING, said: "will it prevent contagion? in the short term, but not in the medium term."It soothes only markets and give others some particular respirer.En room Portugal is not off the coast of the hook yet.?
The Ireland 10-year bond yields fell to 8 239pc, narrowing of the spread of bunds to 554 bps.La spread struck a life euro high near 680 bps, but had re-tightened by more than 100 bps week last prediction of the agreement.
Performance reference Portuguese 10 year bonds more margnially 6 546pc, raising the cost of borrowing for the country as investors sought a higher yield to cover the risk of the holding of the debt.
The euro has jumped after the rescue of Ireland helped to remove a major obstacle which raged the single currency for weeks.
However, currency traders expect that relief rally will be short lived as the focus turned to the debt problems in other countries in the euro area vulnerable.
If markets enable the Portugal, perhaps next Spain after it.
"If the Portugal is forced to take a bailout then they turn their attention to the Spain and I do not know what the Government intends to do,"said Edro Schwartz, an economist at the University of San Pablo de Madrid".
Finance Minister Fernando Teixeira dos Santos (Portugal) said Sunday: "the fact that the Ireland can have a significant help plan reduces concerns, reduces uncertainty and strengthens confidence in the markets," said in a statement.
Portugal denied that he intends to ask foreign aid, seeing his situation as very different from the Ireland because its deficit and debt are lower, its banks not to face the same difficulties and there is no bubble property.
Mr Teixeira dos Santos said the Portugal banking system is "modern, sophisticated, regulated, terminate and intermediation" and budgetary consolidation was on the right track with a new budget should be adopted by Parliament on 26 November.
He said the Government was an "adequate sanitation public finances and structural reforms and clear strategy" and will do everything to meet budget 7 3pc GDP deficit targets this year and 4 6pc in 2011.
Portugal is expected at the end of the year with a public debt 82pc domestic product gross.
Many economists and policy makers believe that the current crisis is the German because of the Berlin appeal to create a mechanism for non-euro area whereby private investors would be a success, who's afraid of investors and increased spreads bonds Portuguese and Spanish bunds to unsustainable levels.
Term UK gilt were widely supported in trade in the beginning, remaining close to a minimum of three months as investors digested news Ireland troubled debt rescue package.
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