Too early to tell if Bolivia’s political changes will boost bonds
Uncertainty hangs over the Latin American country after the resignation of former president Evo Morales
12 November 2019 - 17:02
Sao Paulo/Houston — Bolivia’s first change in government in more than 13 years opens the door for a reformist administration that could eventually bolster economic growth. For bond investors, though, it’s far too early to bet on a revival.
That’s the conclusion of analysts at BNP Asset Management and Aberdeen Asset Management, who expect more instability after a disputed election in October triggered weeks of violence, military intervention and the resignation of president Evo Morales...
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