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Pandemic Year Sees Uruguay Crowned Emerging-Market Bond King

2020-12-03T14:35:11-03:00December 3, 2020|Categories: Economy|Tags: , , |

Uruguay’s dollar bonds have outperformed all their emerging-market peers this year as the small nation, sandwiched between the Covid-19 hotspots of Argentina and Brazil, gives its neighbors a masterclass on how to deal with the pandemic. Uruguay’s bonds have returned 14.8%, more than double that in China and Russia, according to the Bloomberg Barclays Emerging [...]