Thursday, 05 July 2007

Brazil's Real Weakens on Concerns Yield Difference to Treasuries to Narrow

(Bloomberg) -- Brazil's real fell on concern
inflationary pressure in the U.S. may lead to higher interest
rates in the world's largest economy and reduce the allure of
local bonds and stocks.

Yields on U.S. Treasuries rose today after a report showed
U.S. companies added more jobs than expected in June.


Read more at Bloomberg Currencies News

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