Central America/Caribbean Debt Rebounds

Central America/Caribbean Debt Rebounds

Caribbean

Central American and Caribbean sovereign debt returned 0.51% in August, bouncing back from a July loss of 1.15%, according to Bear Stearns. The bank considers the performance "very respectable" given the volatility in the global credit markets. It sees the best potential in Panama, based on a strong credit and growth story, and in Guatemala, where says bonds are cheap on a relative value basis. Bear also favors the region's prospects for weathering a slowdown in the US economy. "Our US economics

Already have an account?

Free trial

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

Free Trial