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View Full Version : Mexican Bond Yields Surge on Bets Further Rate Cuts Are Limited - Bloomberg



NewsWhore
02-20-2009, 02:40 PM
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Mexican Bond Yields Surge on Bets Further Rate Cuts Are Limited (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Dahze0TCNw4xk%26refer%3Dlatin_america&cid=1305988606&ei=rgefSfeHBYvIlQSg5diXCw&usg=AFQjCNEVZpPuoqvpPt2zXpmvKsUBa0ZjBg)
Bloomberg
Mexico’s currency tumbled to a record low for a fourth day this week. Banco de Mexico lowered borrowing costs a quarter- point to 7.5 percent, less than the half-point reduction forecast by economists, and said the “strong financial turbulence” seen ...


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