The US attack on three nuclear sites in Iran over the weekend unleashed a wave of volatility and uncertainty, which surprisingly ended Monday with the equity market up almost 1% and oil down 8%, after Iran fired multiple missiles at the US military base in Qatar, which were intercepted in what was seen as a weak retaliation. Treasuries finish higher across the curve, slightly higher on the short side where yields fell 6bps. VIX fell to 20.3.

Venezuelan bonds saw little activity, with prices closing unchanged for the day.

 

Latin American credits had mixed variations of 0.25pts, with Argentina sovereign and Brazil among the best performers.