S economy could rebound faster than others

Rowe Price in 2006, he was chief investment officer for the StateRetirement and Pension System of Maryland Joining him on the management teamare T. Rowe Price fixed-income portfolio managers Mike Conelius, AndrewMcCormick, Mike McGonigle, and David Stanley."With a flexible investment program, the Strategic Income Fund's exposure to avariety of debt instruments helps to moderate the risks of investing inhigh-yield bonds and foreign securities," says Mr Huber. "While the fundinvests without borders and focuses on securities with higher risk/rewardpotential, it tempers that risk by maintaining a significant exposure toinvestment-grade securities that aim to preserve capital."Today, we are finding attractive opportunities in investment-grade corporatebonds and mortgage-backed securities, as market volatility is resulting inhigh risk premiums in these sectors. Investors are being well compensated fortaking risk, but strong credit analysis is especially important in thisenvironment to assess credit quality.

Investors shouldnote that if interest rates rise significantly from current levels, bond fundtotals will decline and may even turn negative in the short term. Investingoverseas also includes special risks, including declining foreign currenciesor adverse political or economic events For more information, please visittroweprice . The fund's prospectus, which is available on the site or bycalling 1-800-541-8803, includes investment objectives, risks, fees, expenses,and other information that you should read and consider carefully beforeinvesting T Rowe Price Investment Services, Inc., Distributor, T Rowe Pricemutual funds.Founded in 1937, Baltimore-based T Rowe Price Group, Inc. is a globalinvestment management organization with $345 billion in assets undermanagement as of September 30, 2008. The organization provides a broad arrayof mutual funds, sub-advisory services, and separate account management forindividual and institutional investors, retirement plans, and financialintermediaries. The company also offers sophisticated investment planning andguidance tools T. Rowe PriceHeather McDonold, 1-410-345-6617, or Brian Lewbart, 1-410-345-2242, orRobert Benjamin, 1-410-345-2205, or Edward Giltenan, 1-410-345-3437, all ofT Rowe Price.

(Recasts; adds background) Stocks Currencies Bonds MEXICO CITY, Jan 6 (Reuters) - Mexico's peso firmed sharplyon Tuesday on hopes major stimulus plans will help push theUnited States out of recession, while shares in Wal-Mart deMexico sank after UBS cut its recommendation on the stock. The peso currency MXN MEX01 strengthened for thefourth straight session, gaining 1.06 percent to 13.3535 perdollar Expectations that U.S. President-elect Barack Obama willoffer $310 billion in tax cuts as part of a $775 billionstimulus plan have helped raise investors' expectations thatthe U.S economy could rebound faster than others. economy implies a greaterrecuperation in flows of remittances and exports," said EnriqueTrejo, head of currency trading at Ixe brokerage. In 2008, the peso weakened 21 percent as investors dumpedemerging market assets during the global credit crisis. The benchmark IPC stock index .MXX fell 1.42 percent onTuesday to 22,906 points, hit mostly by losses in top retailerWal-Mart de Mexico (Walmex). Shares in Walmex(WALMEXV.MX) fell 5.35 percent to 35.92pesos, in part driven by a UBS (UBSN.VX) (UBS.N) downgrade onits stock to "sell" from "neutral" in anticipation of slowersales due to tough economic conditions.