'Mexican bonds fall on increased inflation speculations'

Mexican bonds fall on increased inflation speculations

03/19/09 00:26

Mexico's peso-dominated bonds fell for the second consecutive days upon speculation that the central bank will announce that inflation has quickened, which will limit further reduction in key lending rates.

Inflation excluding fresh food and energy is expected to quicken to 0.46 percent in Februaru, up from 0.43 percent in January, confirming projections that there won't be any improvement in core inflation.

Link: Bloomberg.com: Latin America

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