Friday, June 15, 2007

Argentina bonds, stocks rise on U.S. price data

(Reuters) - Argentine bond prices on the local market fell
Monday-Thursday this week as the yield on the benchmark U.S.
treasury jumped to five-year highs. Higher yields
on U.S. debt make emerging markets debt less attractive for
investors.




"The market improvement is being moved basically by
external factors, the calming U.S. inflation data," said Diego
Zavaleta, trader with Besgamille brokerage.


Read more at Reuters.com Bonds News

No comments: