EM eurobonds spreads widened 11bps yesterday, as risk appetite adjusted to the recent upswing in US 10y yields
Bolivia topped eurobond gains, down 4.5% as the sell-off sparked by leftist Evo Morales's bid to run in 2025 continues
GCC petrostates saw some of worst eurobond losses yesterday (+17-23bps) as crude rally reverses, back down to $95 today
You can read this report by subscribing to a Starter or Pro plan today.
Already have an account? Log in
This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
The Analyst certifies that the views and forecasts expressed in this report accurately reflect their personal views about the subject, securities, or issuers specified herein. In addition, the Analyst certifies that no part of their compensation was, is, or will be directly or indirectly related to the specific recommendations or views expressed in this report.