Return of the Right Sparks Record Inflow to Chile Peso Bonds

Foreign investors are piling into Chile’s local government debt at the fastest pace on record, attracted by a weaker peso, the prospect of interest rate cuts and the return of a more market-friendly government. Foreign investors are piling into Chile’s local government debt at the fastest pace on record, attracted by a weaker peso, the prospect of interest rate cuts and the return of a more market-friendly government.