Thursday, April 12, 2007

Venezuela Bonds to Rally as Oil Prices Rebound, CreditSights' Stracke Says

(Bloomberg) -- Venezuelan government bonds are attractive because of their high returns and rebounding oil prices, according to CreditSights Inc.

CreditSights, a New York-based bond research company, raised its recommendation on Venezuelan debt to ``overweight'' from ``neutral.'' The company is maintaining its ``neutral'' stance on most emerging market debt.


Read more at Bloomberg Bonds News

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