LatAm debt markets take Yellen’s speech in stride

LatAm debt markets take Yellen’s speech in stride

Economy & Policy Corporate & Sovereign Strategy

Latin American bond markets showed little concern over comments by US Federal Reserve chair Janet Yellen on Tuesday, when she said the US would continue with its plans to withdraw monetary stimulus as the country’s economic growth picks up. Yellen said the central bank was likely to reduce the pace of asset purchases in measured steps. Last month, it decided to cut bond buying by $10bn a month. “The market expected this, so there was nothing there that is out of the ordinary. The markets have re

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