Tuesday, June 5, 2007

Emerging debt-Prices track Treasuries down, risk lower

(Reuters) - But yield spreads between emerging markets bonds and U.S.
Treasuries, a key gauge of risk aversion, still tightened 1
basis point to 152 basis points, according to the benchmark JP
Morgan's EMBI+ index .




"Emerging debt prices are falling in line with Treasuries,"
said Luiz Felipe Brandao, emerging markets director with Arkhe
brokerage in Sao Paulo, explaining that, for the moment, there
the appetite for risk remains strong.


Read more at Reuters.com Bonds News

No comments: