"Year of windows" for bonds

"Year of windows" for bonds

Bonds

Latin American borrowers are bracing themselves for another tricky year in the bond markets, as the US Federal Reserve winds down its quantitative easing program and begins talking about an eventual rise in interest rates. "It's important that tapering and then the tightening is done in a gradual way, not introducing noise," said Azucena Arbeleche, Uruguay's debt management director, on the sidelines of the IDB summit in Brazil. "It's difficult to know how this will evolve – we had some noise la

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