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Rally in Lat Am markets cools, but strong Q3 overall

Latin America’s financial markets have come under a bit of pressure over the past week or so but the bigger picture is that they have had a strong Q3 overall, comfortably outperforming markets in other emerging economies. Brazilian financial markets remain unflustered by the rolling political crisis; the Bovespa is close to a record high and local currency government bond yields have fallen further.

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