%Mexico Government Bond 10Y
MX-10Y
▲ PositiveMonetaryrelevance
Banxico holds rate at 6.50%, supporting MXN carry and Mexican bond yields
Rabobank analysts Molly Schwartz and Christian Lawrence note that Mexico's central bank, Banxico, unanimously kept the overnight policy rate at 6.50% on August 6 and continues to judge the stance as appropriate, supporting the Mexican peso carry trade.
Banxico holds rate at 6.50%, supporting MXN carry and Mexican bond yields
Banxico holds rate, Rabobank sees support for MXN carry, strengthening MXN