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Colombian Bonds, Stocks Rise As Trump-Backed "El Tigre" Defeats Socialist Rival
Colombian Bonds, Stocks Rise As Trump-Backed "El Tigre" Defeats Socialist Rival
Summary:
Colombian Bonds, Stocks Rise as Right-Wing, Trump-Backed Espriella Wins Vote
Trump-Backed "El Tigre" Wins Colombia Presidency As Socialist Era Ends
Colombian Assets Rise After Trump-Backed Candidate Wins Presidential Election
Colombian-dollar bonds surged across the curve on Monday, led by notes due in 2054, as traders bet that right-wing Abelardo de la Espriella's presidential win will cut taxes, reduce spending, crack down on crime, and reopen the oil industry to unleash an energy revolution.
The streets of Bogotá have erupted in celebration after it...
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