Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Economy / Venezuela

Dark Days Ahead For Debt, CDS

September 2008 | Market Strategy

As we have repeatedly warned, these are dark days for Venezuela's fixed-income and credit default swap (CDS) markets and there is no sign of an end to asset underperformance, in our view. In spite of the significant losses already suffered in recent months, we remain outright bearish on Venezuela's sovereign debt - particularly the benchmark

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