Wednesday, June 13, 2007

Mexico stocks edge up as U.S. bond yields retreat

(Reuters) - The peso currency weakened down 0.22 percent
at 10.957 per dollar, paring sharper losses overnight when the
currency fell as far as to 11.06 pesos to the dollar.




Yields on U.S. Treasuries retreated after surging in recent
sessions. Lower yields in the United States make emerging
market assets like Mexican stocks and bonds relatively more
attractive.


Read more at Reuters.com Bonds News

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