Thursday, July 5, 2007

Colombia's Peso Weakens, Bonds Decline on U.S. Rates, June Employment Data

(Bloomberg) -- Colombia's peso weakened the most in
a week and local government bonds declined amid expectations
that pressure on U.S. interest rates from an expanding economy
will diminish demand for riskier, emerging-market assets.

Yields on U.S. Treasuries rose today after a report showed
U.S. companies added more jobs than expected in June.


Read more at Bloomberg Currencies News

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