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USDMXN Bouncing Off 19.7167 Lows Made, Remains Down 1.9%

MEXICO
  • USDMXN bouncing slightly off the 19.7167 lows made. TIIE Swaps Curve extending the severity of the bear flattening move:
    • USDMXN down 1.92% at 19.8128
    • BRLMXN down 0.76% at 4.037
  • Mexico TIIE Swaps:
    • 1-yr +30 bps at 5.34%
    • 2-yr +26 bps at 5.99%
    • 5-yr +15 bps at 6.72%
    • 10-yr +6.5 bps at 7.15%
    • 32-yr +1 bps at 7.80%

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