Investors ”are looking for houses with strong foundations after the recent storm,'' said Fausto Hernandez, who helps oversee 160 billion pesos ($14. The yield on the 10 percent bonds due November 2036 fell 5 basis points, or 0. The Fed's rate-setting committee yesterday kept the benchmark lending rate for overnight loans between banks unchanged at 5. A bout of renewed risk aversion that trims investor appetite for emerging-market securities may fuel additional losses in Mexican assets, Hernandez said. Economists expect a central bank report will show tomorrow that annual inflation quickened in July to 4. Inflation will likely slow by the end of the year to within the central bank's 2 percent to 4 percent target range, allowing Banco de Mexico to hold off from raising borrowing costs, said Rafael Camarena, an economist in Mexico City at Santander Central Hispano SA. read more
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