BMI Research: Latin America Monitor: Caribbean Monitor: Further Yield Compression Unlikely

August 2010
Latin America Monitor: Caribbean Monitor;Aug2010, Vol. 27 Issue 8, p1
Country Report
The article presents forecast for Jamaica's debt markets, where some believe bond yield compression will be unlikely due to factors that include violence in the city of Kingston and the international ramifications of Europe's debt crisis. The Jamaican government is expected to have trouble implementing fiscal consolidations that are part of the country's Stand-By Arrangement with the International Monetary Fund (IMF). Questions over the government's capability of servicing its debt obligations and a negative outlook for tourism are cited.


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