Advanced Search

Economy & Business - January 2020

MEXICO: Market sentiment calms as tensions ease

Mexico's risk premium has continued to fall steadily, with the spread on five-year credit default swaps (CDS) – an indication of the level of credit risk that markets attach to economies – standing at just 73 basis points (bps) on 6 January. This compared to levels of over 120 bps last August and was the lowest since September 2014. Mexico's EMBI+ spread, which is another measure of country risk, also fell by 69 bps over the course of 2019, from 241 bps at the end of 2018 to 172 bps at the end of last year.

End of preview - This article contains approximately 1225 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options