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Economic Research

Latin American CDS Spreads and Currencies: A Quick, Descriptive Analysis

Prospects for the U.S. and Global Economy in 2008

I thought it would be useful to post some high-frequency historical charts on both currency and 5-year dollar sovereign CDS spreads for each individual country in the LatAm region as more attention has been given to the analysis of those two variables in a comparative way.

Sovereign CDS spreads have surged since the no-rescue bankruptcy of Lehman Brothers on Sep-15. For instance, Mexico’s spread jumped from 165bps to over 587bps, Brazil’s from 200bps to over 586bps, Chile’s from 69bps to over 322bps, Colombia’s from a little over[...]

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