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Rates Summary

LATAM

Yield curves shifting lower in line with currency gains.


BRAZIL - Bull Flattening in the DI Swap Curve, seeing yields lower between 8bps in the front and 17bps in the 10 year. Some relief from the bear steepening at work since the start of January.

MEXICO - Local swap rates down between 1-2bps across most tenors amid Peso strength.

COLOMBIA - Similar story in Colombia with swap rates lower by 1-2bps across the curve.

CHILE - Chilean Swap rates showing marginal bull flattening, lower between 1-4bps along the curve.

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