Friday, July 27, 2007

GLOBAL MARKETS-Stocks off lows, bonds, yen erase gains

(Reuters) - MSCI main world equity index was down 0.6
percent, off its earlier low.




The iTraxx Crossover index, a widely watched indicator for
European credit market sentiment, tightened 9 basis points after
blowing out to 445 bps earlier. Emerging market sovereign bond
spreads tightened 4 basis points .


Read more at Reuters.com Economic News

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