Monday, May 28, 2007

Mexican 10-Year Bond Yields Drop to Four-Week Lows on Slowing Inflation

(Bloomberg) -- Mexican 10-year bond yields fell to
four-week lows on expectations slowing inflation will boost the
allure of peso-denominated assets.

Investors ``are expecting that we are going to see a second
straight month of falling consumer prices,'' said Octavio
Gutierrez, a fixed-income analyst in Mexico City at Banco Bilbao
Vizcaya Argentaria's Bancomer unit. ``The worst part of the
inflation surge is probably behind us.''


Read more at Bloomberg Bonds News

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