May 15th, 2008

Mexicos Benchmark Bond Yield Climbs To Highest In Four Months

Mexico’s peso-denominated bonds were little changed, with the yield on the benchmark security close to a four-month high, on speculation quickening inflation will prompt central bankers to raise lending rates this year.
Yields on benchmark bonds have climbed 0.10 percentage point since Banco de Mexico raised its inflation forecast for this year on April 30, citing [...]

January 31st, 2008

Seeing US Slowdown Mexico Cuts Growth

Mexico’s gross domestic product is expected to have grown about 3.2 percent last year, the department said.More than any other country in Latin America, Mexico’s economic fate is tied to the U.S., its partner in the North American Free Trade Agreement. Mexico sends more than 80 percent of its exports to the U.S., which is [...]