Central America/Caribbean Debt Rebounds

Central America/Caribbean Debt Rebounds


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

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