#Latest news with #bondspreadsBloomberg9 hours agoBusinessBloombergChile-US Budget Contrast Pushes 30-Year Spread to Pre-Covid LowsChile's presidential hopefuls all seem to agree on one thing; the need to tackle what by global standards is a very moderate fiscal deficit. That marks a contrast with the US, and it's showing up in bond spreads. The yield on Chile's generic 30-year bond is hovering below 100 basis points above its US counterpart, the least since January 2020, two months before the pandemic started. Spreads on Chile dollar notes due 2071 hit record lows last week.
Bloomberg9 hours agoBusinessBloombergChile-US Budget Contrast Pushes 30-Year Spread to Pre-Covid LowsChile's presidential hopefuls all seem to agree on one thing; the need to tackle what by global standards is a very moderate fiscal deficit. That marks a contrast with the US, and it's showing up in bond spreads. The yield on Chile's generic 30-year bond is hovering below 100 basis points above its US counterpart, the least since January 2020, two months before the pandemic started. Spreads on Chile dollar notes due 2071 hit record lows last week.