Wednesday, 23 May 2007

Emerging-Market Bond Yield Premium Over Treasuries at Record Low on Demand

(Bloomberg) -- Emerging-market bonds rose with the
premium demanded over U.S. Treasuries at a record low after
gains in stocks suggested increasing investor demand for riskier
assets.

The yield to the 2015 call on Brazil's 11 percent bonds due
2040, the most widely traded emerging-market securities, fell 2
basis points, or 0.02 percentage point, to 5.61 percent at 11:19
a.m. in New York, according to JPMorgan Chase & Co. The bond's
price, which moves inversely to the yield, rose 0.05 cent to
135.05.


Read more at Bloomberg Bonds News

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