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Mexico Bonds Trade Like Junk After $130 Billion Bailout of Pemex

Mexico Bonds Trade Like Junk After $130 Billion Bailout of Pemex

Bond traders have begun to treat Mexican debt like junk after the government has spent $130 billion to bail out state-owned oil giant Petroleos Mexica…

Bloomberg 1d ago

Mexico Bonds Trade Like Junk After $130 Billion Bailout of Pemex

Mexico Bonds Trade Like Junk After $130 Billion Bailout of Pemex

Long the poster child of fiscal probity in emerging markets, Mexico was, at its peak, an A-rated borrower in the bond market just a few years ago. Tod…

Bloomberg 1d ago