Data Seen Encouraging DCM Pipeline

Data Seen Encouraging DCM Pipeline

Bonds

US payroll data Friday appeared to be encouraging for LatAm bond issuers, who are set to bring new supply this week, including space for a Petrobras euro-denominated trade, DCM bankers say. Weaker US payroll data and potential stabilization in the US Treasury, which retreated to 2.95% from 3.0% Friday, are seen as positives. “The employment number means the Fed is less likely to taper rapidly. All we need is more stability in fund flows and a reduction in redemption numbers. Fifteen weeks of out

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