Wednesday, May 9, 2007

Vietnam Bond Yield at Two-Month High as Stocks Gain; Dong Rises Second Day

(Bloomberg) -- Vietnamese bonds were unchanged, with benchmark five-year yields at the highest level in more than two months, on speculation some investors were favoring stocks.

The yield on the notes has risen more than half a percentage point from 6.725 percent on March 28, according to data compiled by Bloomberg. Yields move inversely to prices. The benchmark stock index gained for a seventh day today, the longest winning streak since January.


Read more at Bloomberg Bonds News

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