Page 3 - Patrick Esteruelas News Today

(Bloomberg) -- As the spike in U.S. Treasury yields turns bond trading screens red worldwide, two countries in particular face a stormy year ahead -- Brazil and Colombia.

The IMF said it has economic and legal concerns regarding the move by El Salvador to make Bitcoin a parallel legal tender, further clouding the outlook for an IMF-backed programme and widening spreads on the countrys bonds.

Political turmoil across the region can be seen as the opening salvo in an anti-establishment push after the pandemic hit Latin America and exacerbated inequality like nowhere else.

Mexico vs Brazil - Populist presidents confound investors Rodrigo Campos Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer ADRIANO MACHADO/Reuters When a left wing populist and a far-right lawmaker rose to power in Latin America’s two largest economies, investors thought they knew who was going ...

Analysis: Mexico vs Brazil: Populist presidents confound investors Reuters 1 hr ago By Rodrigo Campos © Reuters/EDGARD GARRIDO FILE PHOTO: Mexicos President Andres Manuel Lopez Obrador gestures as he speaks during a news conference at the National Palace, Mexico City By Rodrigo Campos NEW YORK (Reuters) - When a left wing populist and a far-right lawmaker rose to power in Latin Americas two largest economies, investors thought they knew who was going to show them the mone...

(Fixes typo in paragraph 8 to say trillion, not billion) FILE PHOTO: Mexicos President Andres Manuel Lopez Obrador gestures as he speaks during a news conference at the National Palace, in Mexico City, Mexico, March 24, 2021. REUTERS/Edgard Garrido/File Photo NEW YORK (Reuters) -When a left wing populist and a far-right lawmaker rose to power in Latin America’s two largest economies, investors thought they knew who was going to show them the money. But more than two years and a costly pandemi...

Pimco, Emso Detect Default Risk Mispricing in Pemex’s Bonds Bloomberg 2/19/2021 Justin Villamil and Amy Stillman (Bloomberg) -- In financial markets awash with so much cash that junk bonds can yield less than 2%, the state-owned oil giant Petroleos Mexicanos is a jarring outlier. Popular Searches At 5.4%, the yield on the company’s benchmark bonds is not only well above that of similarly rated debt, it’s also almost four percentage points higher than the rate investors d...

In financial markets awash with so much cash that junk bonds can yield less than 2%, the state-owned oil giant Petroleos Mexicanos is a jarring outlier.

Pimco, Emso Detect Default Risk Mispricing in Pemex’s Bonds Bloomberg 2/19/2021 Justin Villamil and Amy Stillman (Bloomberg) -- In financial markets awash with so much cash that junk bonds can yield less than 2%, the state-owned oil giant Petroleos Mexicanos is a jarring outlier. Popular Searches At 5.4%, the yield on the company’s benchmark bonds is not only well above that of similarly rated debt, it’s also almost four percentage points higher than the rate investors d...

NEW YORK — Six months after a swift and smooth restructuring, Ecuador’s sovereign bonds are being pummeled by fears that Sunday’s election outcome could derail…