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Emerging MarketsEM LatAm

Chile dollar bonds slide as local yields spike after election shock

Santiago de Chile, Chile, skyline, Andes, skyscraper, LatAm, 575

After Chileans chose the delegates who will draft a new constitution, bond market participants appeared to be taken aback by the centre-right government’s poor performance. Chilean assets across the board slumped, with local rates hit harder than hard currency bonds.

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