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Emerging MarketsEM LatAm

El Salvador rally withstands volatility as bonds look beyond midterms

Nayib Bukele, El Salvador, presidente, Central America, LatAm, 575, Covid-19, facemask, coronavirus

El Salvador’s bonds retained recent gains on Thursday as EM’s riskiest credits proved resilient to the week’s US Treasury sell-off, with bondholders hoping that Sunday’s mid-term elections will give president Nayib Bukele the political capital he requires to implement an IMF programme.

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