(Bloomberg) -- Mexico's 10-year bond fell the most
since April and the peso dropped as prospects of higher U.S.
interest rates reduced investor demand for riskier assets.
Yields on Mexico's 10-year benchmark bond climbed after
Federal Reserve Bank of Cleveland President Sandra Pianalto said
the central bank ``cannot afford to be complacent'' about
inflation and as a report showed U.S. labor costs rose more than
expected in the first quarter.
Read more at Bloomberg Bonds News
since April and the peso dropped as prospects of higher U.S.
interest rates reduced investor demand for riskier assets.
Yields on Mexico's 10-year benchmark bond climbed after
Federal Reserve Bank of Cleveland President Sandra Pianalto said
the central bank ``cannot afford to be complacent'' about
inflation and as a report showed U.S. labor costs rose more than
expected in the first quarter.
Read more at Bloomberg Bonds News
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