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Mexico's 1-month Cetes yield edges up to 7.44 pct

Tue May 13, 2008 12:34pm EDT
 
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MEXICO CITY, May 13 (Reuters) - The yield on Mexico's benchmark one-month Cetes, or T-bills, edged up 1 basis point to 7.44 percent at Tuesday's auction as investors bet inflation is keeping the central bank from cutting interest rates.

Yields on longer-term Cetes also rose. (Reporting by Jason Lange; Editing by James Dalgleish)

 

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