Gerdau 2Q25: Credit Resilience Supported by US Exposure
North America continues to support earnings and credit metrics, while Brazil remains pressured. We see limited room for further spread compression, though select bonds offer yield pickup versus US BBB
Key Insights and Recommendations
Keep reading with a 7-day free trial
Subscribe to EM Spreads to keep reading this post and get 7 days of free access to the full post archives.