Latin American equities fell sharply, MSCI Latin America index down 2.3%, currencies index down 0.3%, biggest weekly drops since early March.
Rising U.S. dollar and 10‑year Treasury yield at 4.54% (highest since May 2025) fueled inflation worries and bond market rate‑rise expectations.
Brazil real weakened 1.3%, on track for weekly performance decline since early October, while oil prices rose despite Strait of Hormuz blocked.