FYI: Bond guru Bill Gross was on CNBC just now talking up Mexican inflation-indexed bonds.
The case: Mexican inflation-indexed bonds yield about 3%, compared to the 0.5% yield on U.S. Treasury Inflation-Protected Securities (TIPS), and that is an unjustifiably wide spread, he said. Moreover, the Mexican peso, which has weakened by about 25% from highs, against the dollar, could rebound, Gross added. That exchange-rate risk may benefit U.S. investors
Regards,
Ted
http://blogs.barrons.com/emergingmarketsdaily/2015/06/10/bill-gross-big-new-yield-idea-mexico-bonds/tab/print/
Comments