US industrial production came in line with expectations, growing slightly by 0.1% during the month, in what was a positive session for most assets globally, although prices remained stable. In equities, the Dow led US indices, rising almost 1%, while the Treasury curve rose across the board, with yields falling 2bps. In commodities, agriculture and base metals fell slightly, while precious metals and crude oil gained 0.5%.

Venezuelan bonds started the day down 0.5 points, but we gradually saw supply that left the PDVSA curve flat and the sovereign curve up 0.25 points on the day.

Latin American credits had a good session overall, with the region's main credits rising 0.25-0.5 points, albeit on relatively low volumes.