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Peru Bonds Rise Third Week as Investors Seek Haven Outside U.S.

Peruvian bonds rose for the third week in a row as investors speculated that the South American country could provide a haven from global market turmoil.

The yield on the nation’s benchmark 7.84 percent sol-denominated bond due August 2020 fell seven basis points, or 0.07 percentage point, to 6.13 percent this week, according to prices compiled by Bloomberg. The bond’s price rose 0.52 centimo during the week to 111.67 centimos per sol.