(Bloomberg) -- Mexico's 20-year bond fell from a
two-week high on concerns President Felipe Calderon's tax
proposal released yesterday may face congressional opposition.
The yield on Mexico's bond due in December 2024, the
country's most-traded security, today fell for the first time in
five days. Mexican bonds had rallied after Calderon's success
getting the divided congress to approve a pension bill in March
raised expectations he would obtain opposition support for the
tax legislation.
Read more at Bloomberg Bonds News
two-week high on concerns President Felipe Calderon's tax
proposal released yesterday may face congressional opposition.
The yield on Mexico's bond due in December 2024, the
country's most-traded security, today fell for the first time in
five days. Mexican bonds had rallied after Calderon's success
getting the divided congress to approve a pension bill in March
raised expectations he would obtain opposition support for the
tax legislation.
Read more at Bloomberg Bonds News
No comments:
Post a Comment