(Bloomberg) -- Mexico's 10-year bond fell, pushing yields to the highest in six weeks, after the central bank unexpectedly raised its lending rate last week.
``Markets are adjusting to this unanticipated move,'' said Rafael Camarena, an economist in Mexico City at Santander Central Hispano SA, the country's biggest trader of peso denominated bonds. ``It was really surprising.''
Read more at Bloomberg Currencies News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment