Monday, July 9, 2007

Emerging debt-Prices track stocks higher in slow market

(Reuters) - Mexico's local and external bonds were further bolstered by
news that the country's June inflation was in line with market
expectations, traders said.




Overall emerging market returns rose 0.16 percent,
according to the benchmark JP Morgan's EMBI+ index ,
while Brazil's global bond due 2040 , the most
liquid of its asset class, gained 0.187 point to be bid
131.125.


Read more at Reuters.com Bonds News

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