Wednesday, July 25, 2007

Emerging debt-Argentina leads market lower for 2nd day

(Reuters) - Argentina's spreads over U.S. Treasury notes, a key gauge
of risk aversion, hit their widest in 13 months, while overall
emerging markets spreads were at their widest since early
December.




Concerns about the impact of the U.S. subprime crisis in
other markets increased after the turmoil forced Chrysler Group
and Alliance Boots to postpone more than $20 billion in
loans needed to finance leveraged buyouts.


Read more at Reuters.com Bonds News

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