Monday, July 2, 2007

Emerging debt-Prices jump on lower Treasuries yields

(Reuters) - Emerging markets stocks and currencies also posted strong
gains, with the Brazilian benchmark Bovespa stock index
closing above 55,000 points for the first time.




"International liquidity remains high and prices have been
rising again as soon as the market calms down," said Marcio
Jeronimo, emerging markets analyst with Lopez Leon brokerage in
Sao Paulo, referring to the decline in U.S. Treasuries yields.


Read more at Reuters.com Bonds News

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