Biggest Rally in 2 Years Means Sell for Barclays

Did you know that Mexican bonds have the highest correlation with U.S. Treasuries among Latin American government debt? According to Bloomberg's compiled data, yields on 10-year debt sold by the U.S, which buys 80 percent of Mexican exports, sank 34 basis points in the past week. Via Bloomberg.com: "The biggest rally in Mexican peso bonds in two years is a sign to Barclays Plc and Silva Capital Management LLC to sell the debt on a bet the notes will slump as global investor demand for the safest assets wanes." Read more here.