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Investors hunt for yield amid uncertainty in emerging markets
... offer even more. Mexico 's state-owned oil company Petroleos Mexicanos also appears cheap and benefits from its backing by the administration, said Omotunde Lawal, London -based head of emerging-market corporate debt at Barings. Dollar bonds due from Pemex in 2050, as the driller is known, yield about 8.1% compared with the 4.1% yield of Mexican government bonds of the same maturity according to the data compiled by Bloomberg. 'You get even more comfort from the fact that it is very strategic and ...
Updated: 08/09/2021
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