Front notes: Bumpy path

Front notes: Bumpy path

Bonds Colombia

Colombian voters’ rejection of a peace plan between the government and the Fuerzas Armadas Revolucionarias de Colombia (FARC) came as a shock to many observers outside the country. The plan offered plenty of concessions to the rebel group — but it was a deal, at least. And getting even that far had taken years of negotiations. The global community rallied around the Colombian administration, notably with a Nobel Peace Prize for President Juan Manuel Santos.  Investors, meanwhile, analyzed the financial implications. The so-called economic dividends of peace, stemming from the core goals of fewer homicides and less destruction of property, were set to lift Colombia in investors’ eyes.  But th

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