FINNEWS LATAM-Santander says correction in Latin America bond market 'inevitable'
June 25, 2014 at 12:53 PM EDT
According to Santander Investment Securities analysts led by Aaron Holsberg, a correction in prices of Latin American corporate debt is "inevitable," although the market is grinding "tighter and tighter" and has more upside room in the short term. In a client note on Wednesday, Holsberg said bond markets are shrugging off several concerns such as the recent crises in the Middle East and Ukraine as well as potential problems in China, "any of which could be a selloff trigger if market sentiment t