Bahrain $1.5 Billion Bond Joins Pemex as Yields Retreat - Bloomberg

Bahrain $1.5 Billion Bond Joins Pemex as Yields Retreat - Bloomberg:

"Bahrain sold $1.5 billion of bonds, joining issuers from Indonesia to Petroleos Mexicanos after developing-nation yields fell from a 21-month high.
Emerging-market borrowers raised at least $13 billion since July 10, when comments from Federal Reserve Chairman Ben S. Bernanke tempered speculation the U.S. would scale back stimulus. Yields had soared to 5.54 percent June 24, the highest since 2011, as Bernanke signaled he may reduce bond purchases that had fueled gains in developing-nation assets. Yields were at 4.78 percent yesterday, the Bloomberg USD Emerging Market Sovereign Bond Index showed."

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