Strong risk-off in the morning following yesterday's sell-off, with the Nasdaq -2% again, before recovering significantly in the afternoon to close -0.2%, while the S&P500 and Dow closed flat; previously, Asia and Europe had declines of up to 1%. Treasuries started in demand in the face of the sell-off in equities, but closed flat, while in Europe we saw slight rate hikes. On the commodities side, there were no major changes, highlighting mixed variations of 1% in agricultural items. The dollar depreciated slightly and the VIX rose to 20.

Venezuelan bonds were in demand after the Republican wing of the U.S. Senate blocked a measure seeking to limit attacks on Venezuelan territory, rising as much as 0.75pts but then giving back most of the advance to finish +0.25pts on the day.

In Latin American credits there was not much volume or major changes, leaving the main names in the region with variations of 0.25pts.