Mexican Bonds Rally on Weaker-Than-Forecast GDP; Peso Advances

Mexico’s peso bonds rose, pushing yields down the most in two weeks, as slower-than-forecast economic growth fueled speculation that the central bank will reduce borrowing costs.

Mexico’s Long-Term Peso Debt Rises After Auction; Currency Falls

Mexico’s longest-term peso bonds rose for a second day as the results of a government auction yesterday indicated that demand for the securities may rebound.