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View Full Version : Mexican Bonds Plunge After Smaller-Than-Expected Rate Reduction - Bloomberg



NewsWhore
02-20-2009, 08:40 PM
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Mexican Bonds Plunge After Smaller-Than-Expected Rate Reduction (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaFK_3Mq7bmOk%26refer%3Dlatin_america&cid=1305988606&ei=2U2fSc_xIeKpmQe5_MnJDA&usg=AFQjCNFHbwq8WWqz9z7H8Z4GDYoP8NzMUw)
Bloomberg
The currency fell to a record low for a fourth time this week, prompting policy makers to buy pesos directly from banks and in foreign-exchange market auctions totaling $400 million today. The yield on the 10 percent security due in December 2024 ...


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