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Mexico growth beats Brazil slowdown as gap widens

Tuesday, January 5, 2016

Mexico’s widening advantage over Brazil in the overseas bond market, already the biggest in a decade, shows no signs of abating in 2016.

The extra yield investors demand to hold Brazil’s dollar-denominated debt due in 10 years instead of Mexico’s swelled to 3.4 percent last month after Fitch Ratings handed Brazil its second junk grade.

Source: Bloomberg