(Reuters) - Some international investors, who previously shunned the
Mexican mortgage market because of its relatively small size,
are beginning to buy in, with issues paying yields as much as 2
percentage points above comparable U.S. Treasuries.
"We've seen stronger interest in the Mexican market from
some international investors now that we've seen some adverse
outcomes in the U.S. subprime market," said Luis Arce, chief
financial officer of New York hedge fund Christofferson, Robb
and Company, which manages $1.5 billion of assets.
Read more at Reuters.com Bonds News
Mexican mortgage market because of its relatively small size,
are beginning to buy in, with issues paying yields as much as 2
percentage points above comparable U.S. Treasuries.
"We've seen stronger interest in the Mexican market from
some international investors now that we've seen some adverse
outcomes in the U.S. subprime market," said Luis Arce, chief
financial officer of New York hedge fund Christofferson, Robb
and Company, which manages $1.5 billion of assets.
Read more at Reuters.com Bonds News
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