Brazil names lead region tighter

April 22, 2015 9:28 PM

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NEW YORK, April 22 (IFR) - Brazil names led LatAm credit spreads tighter Wednesday as the region's bond prices held their own against rising yields in the US Treasury market.

Brazilian iron miner Vale proved to be the outperformer as its curve tightened by as much as 20bp with 2020s and 2040s closing at 295bp-284bp and 400bp-395bp, respectively.

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