Bond Investors Pull Back as Central America Rallies Go ‘Too Far’

Investors are pulling back from a niche trade in Central American and Caribbean government bonds that delivered some of the best returns in emerging markets in recent years.

By Vinicius Andrade, Maria Elena Vizcaino · Bloomberg Markets

Investors are pulling back from a niche trade in Central American and Caribbean government bonds that delivered some of the best returns in emerging markets in recent years.