Monday, July 23, 2007

Emerging debt-Prices fall in slow market, Turkey outperforms

(Reuters) - Overall emerging market returns fell 0.19 percent on the
benchmark JP Morgan's EMBI+ index , reducing 2007 gains
to about 1 percent. Brazil's liquid global bond due 2040
slipped 0.063 point to be bid 131.125.




Yield spreads over U.S. Treasury notes, an important gauge
of risk aversion, widened 2 basis points to a four-month wide
182 basis points, the EMBI+ showed.


Read more at Reuters.com Bonds News

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