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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: FiveFour who wrote (48786)1/6/2006 4:51:34 PM
From: 8bits  Read Replies (2) | Respond to of 110194
 
Thanks, a yeild north of 8% combined with a steep discount that is historically high is interesting. The Russian and Brazilian debt is probably safe for this year because of the commodity plays and their recent steps towards responsible fiscal behavior and will probably remain safe as long as we have a commodity boom. Not so sure about some of the Mexican debt. Pemex has pretty big problems. Also the Preuvian debt may be at risk. The candidate that is ahead in the polls for next years election makes Chavez look like a free market libertarian.

The bonds are payable in US currency:

citigroupam.com

Anyone know of emerging market debt issued in Euros..? It would probably be mostly comprised of Eastern Europe issues.