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