Mexico Stocks, Peso Under Pressure on Rising Spanish Bond Yields

The Wall Street Journal, 07/09/2012

Mexican stocks opened lower Monday on continued concerns about the health of the global economy, as rising Spanish borrowing costs furthered concerns about Europe’s debt crisis.

The IPC index of Mexico’s most-traded shares was recently down 101 points, or 0.3%, to 39731 on volume of 4.5 million shares valued at 114 million pesos ($8.5 million).

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