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. Today, the country finds itself teetering on the cusp of junk status and paying interest rates that are higher than those offered by tiny neighbors w...
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-25/mexico-bonds-trade-like-junk-after-130-billion-bailout-of-pemex)