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Andean Crisis Deepens, Bond Slide Slows

Mar 5, 2008

Andean bonds continued to underperform Tuesday as the diplomatic crisis between Colombia, Venezuela and Ecuador deepened, though the decline in prices has slowed. The Vene 2027 closed at 97.13, down from 97.52 Monday, according to MarketAxess, while the 2014 finished...

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"The global backdrop has been tough, and the volitile markets should continue. LatAm markets can still end the year in positive territory, but the route by which we navigate to that conclusion could be quite wild."

Dean Newman, Portfolio Manager, Invesco Perpetual


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