May 20, 2019 |
Latin American bonds have largely shrugged off concerns over escalating trade tensions between China and the United State as investors wait to see how the tariff dispute plays out, LatinFinance has heard.
"There has been no tail event, nor a spike in spreads," said a bond banker in São Paulo.
The banker added, however, that bonds from Latin American issuers have seen an average spread increase of 15bp on the JPMorgan Emerging Market Bond Index (EMBI).
"It's not great news, but spreads have no
Sour US-China trade relations have not led to a spike in spreads for Latin American issuers, sources say