Dearth of new issues lift LatAm credits

April 7, 2015 9:14 PM

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NEW YORK, April 7 (IFR) - Latin American credits ended the day better bid on Tuesday, as investors deployed cash across a broad range of names in the secondary market amid a lack of new issues.

"We saw some strong performance across the space," said one high-yield corporate trader covering the region. "It is just a positive, risk-on environment. Investors have money to put to work that they have built up since the fall."

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