Tuesday, April 17, 2007

Emerging debt-Prices at new highs after benign US data

(Reuters) - Brazil's global bond due 2040 , the most liquid emerging market paper, rose 0.312 point to be bid at an all-time high of 135.375.

Overall emerging market returns climbed 0.13 percent on the benchmark JP Morgan's EMBI+ index . Yield spreads over U.S. Treasury notes widened 2 basis points, however, as high-yielding bonds tried to catch up with a Treasuries rally.


Read more at Reuters.com Bonds News

No comments: