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TIIE Swaps Hold Bullish Momentum, Diverging Somewhat from MXN

MEXICO
  • TIIE swaps maintained their bullish momentum in yesterday's session - pulling 8.5-15bp lower across the curve, despite mixed risk sentiment.
  • Gains seen concentrated in the 5-10Y section of the curve after bull flattening the day before.
  • Price action diverged somewhat from a slightly softer MXN.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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