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Traders urge Fed to wait until December after job data stun

  Bloomberg For bond traders, the stalling U.S. job market means the Federal Reserve will probably lift interest rates just once this year, in December. The nation’s employers added workers at the slowest pace in almost six years in May, government data showed. The report fueled a surge in Treasuries, driving yields on two-year notes down the most since September ...

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Citigroup tells investors to sell Mexico’s Peso and buy dollars

  Bloomberg Investors should sell Mexico’s peso and buy dollars and euros amid a widening current account deficit in Latin America’s second-largest economy, according to Citigroup Inc. While Mexico’s peso has tumbled the most among major currencies this year on bets that higher borrowing costs in the U.S. will reduce the appeal of riskier assets, Citigroup says that local economic ...

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Latin America bonds attractive, Pemex a standout: Prudential

  Bloomberg Prudential Financial Inc. says debt from Latin America is still attractive after a rally this year, with bonds from PetroleosMexicanos SA and sovereign securities from Argentina among the most alluring options. David Bessey and Cathy Hepworth, money managers who help oversee $26 billion in emerging-market debt at Prudential Financial, said that the extra yield investors get to own ...

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