LatAm credit markets extend rally

April 9, 2015 3:31 PM

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NEW YORK, April 9 (IFR) - Latin American credit markets were enjoying a strong bid Thursday as higher crude prices provide support while investors grow more comfortable with Brazilian risk.

"The market is very firm," a US-based investor told IFR. "There are not a lot of grenades out there to trip the market up and a lot of the recent news out of Brazil has been supportive."

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