LatAm credits end mixed day with a positive tone

April 6, 2015 8:24 PM

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NEW YORK, April 6 (IFR) - A rally in global oil prices lifted energy-related names while a sell-off in US Treasuries helped sovereign and corporate spreads tighten in the Latin American debt markets on Monday.

Brazil's five-year credit default swaps were ending the day between 8bp and 9bp tighter at around 245bp, while the country's cash bond spreads were 10bp tighter, said a trader in New York.

Also read: The Worrying Weak Point for Super-Strong Bonds

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