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

Economy

CDS: Region To Continue Outperforming

January 2009 | Market Strategy

Slowly but surely, BMI's Latin America's 5-Year CDS index - a weighted average of credit default swap spreads in the region - has started to grind lower. The index is currently flirting with resistance at 1,140bps, a decisive break of which would augur well for further compression towards 900bps.

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