Traders Rush to Bet on Falling Latin America Rates in Yield Hunt.

Traders have rushed into the high-yielding receivers, a position that profits from falling interest rates, since mid-March - when traders began to see a potential halt in US rate hikes. (Bloomberg) -- Betting Latin American swap rate curves will shift lower has emerged as a hot new trade as local inflation cools and investors see the Federal Reserve pausing its monetary tightening cycle. [Extracted from the article]