Mexico budget brings encouragement to bonds

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Mexico budget brings encouragement to bonds

Jose Cuervo
Tequila, Mexico. 6th April 2013 -- Three charros serve tequila to visitors to Tequila, Jalisco aboard the Jose Cuervo Express train. -- Staff from the Jose Cuervo tequila company performed to enliven visitors aboard the Jose Cuervo Express. One year after being opened for domestic and foreign visitors, the Jose Cuervo Express was created to promote tourism development in Jalisco. | Hugo OrtuÒo Su·rez / Demotix/Demotix/Press Association Images

Bond and currency markets rallied on Monday after Mexico’s new president Andrés Manuel López Obrador (Amlo) presented a budget that Fitch said marked a continuation of Mexico’s existing fiscal framework.

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