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Pressure On Front-End Of Chilean Camara Swaps Curve

LATAM
  • Higher US yields and the stronger-than-expected economic activity data are pressuring Chile’s Camara swaps curve, with particular pressure on the front-end seeing further curve inversion. Price action underpinning the Chilean peso, the best performer in the region on Wednesday, rising 1.87% against the greenback.
  • Chile Camara Swaps:
    • 1-yr +16 bps at 10.52%
    • 2-yr +18 bps at 8.31%
    • 5-yr +13 bps at 6.345%
    • 10-yr +10 bps at 5.7%

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