CEEMEA waits for guidance from non-farms

The CEEMEA bond market is holding firm after being rocked by rising Treasury rates last week. But issuers are waiting for non-farm payroll data on Friday before bringing deals. Even if positive data prompts another rise in Treasury rates, all borrowers need is some spread stability, said syndicate bankers. The bid for emerging debt is still strong and they expect a stream of mandates from stronger names in the coming weeks.