Colombia Gets Market Wake-Up Call With Elections Back in Focus
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The recent hype around Colombia’s unprecedented debt maneuvers is starting to fade, exposing the country’s fragile outlook amid upcoming presidential elections and growing budget strains.Dollar notes issued by the South American nation were the second-worst performing sovereign credit in emerging markets over the past month, according to data compiled by Bloomberg. The peso is slumping, with traders expecting it will be the most volatile currency among 27 major peers tracked by Bloomberg over the coming three months.