Recent Posts

Fed Reserve’s global focus keeps USA 10-year yields near two-month low

Bloomberg Treasury 10-year note yields held near the lowest in two months as investors weigh the Federal Reserve’s aim to raise U.S. interest rates against signs of slow global economic growth. The benchmark notes were little changed before the U.S. sells $20 billion of the debt on April 13, the second of three coupon-security auctions this week totaling $56 billion. ...

Read More »

Mexico has $13.6bn surplus to pay debt, boost oil fund

Bloomberg Mexico will use $13.6 billion from a central bank surplus to pay down debt and boost its rainy day fund, shoring up finances as it prepares a support plan for the beleaguered state oil company Petroleos Mexicanos. The Finance Ministry will spend 167 billion pesos of the transfer to buy back debt and reduce bond issuance this year, while ...

Read More »

Emera agrees on $6.5bn Teco deal in New Mexico

Bloomberg Canadian utility owner Emera Inc. has reached an agreement with groups in New Mexico, including the state’s attorney general, on its $6.5 billion takeover of utility Teco Energy Inc., bringing the deal one step closer to completion. Under the agreement, filed with the New Mexico Public Regulation Commission on Monday, Emera said it wouldn’t seek a base rate increase ...

Read More »
Send this to a friend