Thursday, May 10, 2007

Emerging-Market Bonds Little Changed as Investors Wait for Inflation Data

(Bloomberg) -- Emerging-market bonds were little changed as investors await data on U.S. inflation, which the Federal Reserve yesterday called the ``predominant'' concern for the world's biggest economy.

Quickening inflation may prompt the Fed to raise its 5.25 percent benchmark rate, making it more expensive for investors to finance purchases of riskier emerging-market assets.


Read more at Bloomberg Bonds News

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