CentAm/Caribbean Buffeted by EM Storm

CentAm/Caribbean Buffeted by EM Storm


Central American and Caribbean sovereign debt lost 1.15% in July, taking them to a year-to-date return of 1.56%, according to Bear Stearns. This was less the 2.83% July loss in the LatAm component of the EMBI+, which tracks the bigger sovereigns, and proves that this region is still a relatively safe haven. However, the problem for investors trying to get out during the global storm is a lack of flow. "Liquidity in this sector has declined to very low levels, according to our trading desk," says

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial