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Emerging MarketsEM LatAm

Lat Am bonds cheapen after reversing Friday gains

LatAm, Peru, Colca Canyon, Precipice, abyss, fall, slump, scary, 575

Latin America bond issuers and investors were thrown deeper into the coronavirus crisis on Monday, with Friday’s spread tightening more than cancelled out as the US Federal Reserve’s surprise 100bp rate cut on Sunday failed to arrest a fall in risk assets.

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