Emerging debt-Market still cautious after Black Thursday

(Reuters) - Prices were volatile as investors mulled how much lower the
bond market can go after it erased all of its 2007 gains on
Thursday, ending the session with losses of more than 1 percent
for the year.




A recovery started to gain speed early afternoon, with the
benchmark Brazilian global 2040 bond rising as
much as 1.5 points in price, but subprime-related fears
returned to the market by the end of the day.


Read more at Reuters.com Bonds News