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Emerging MarketsEM LatAm

Default expectations likely to coax Ecuador bondholders

Ecuador, stay at home, quedate en casa, Covid-19, coronavirus, Quito, LatAm, 575

Though Ecuador’s curve initially sold off on the sovereign’s request to push back debt payments until August, most analysts and investors expect the cash-squeezed country’s bondholders to offer the government flexibility in its time of need — mostly in an effort to avoid something far worse.

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