Fed trips up Petrobras but Brazil still open

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Fed trips up Petrobras but Brazil still open

Michel Temer, Brazil, Petrobras
Brazil's acting President Michel Temer arrives to speak at Planalto presidential palace in Brasilia, Brazil, Thursday, May 12, 2016, after the Senate voted to suspend President Dilma Rousseff pending an impeachment trial. In his first words to Brazilians as acting president, the former vice president promised to beef up the fight against corruption, and in particular said he will support the sweeping investigation into a mammoth kickback scheme at state oil company Petrobras. Temer himself has been implicated by witnesses in the probe, though he has not been charged. (AP Photo/Eraldo Peres) | Eraldo Peres/AP/Press Association Images

Latin America bond bankers put on brave faces after Petrobras’ return to bond markets soured when its new 10 year traded down as much as five points just two days after pricing. Oliver West reports.

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