Table 3 Ten-year term premia cross correlations. Source Authors’ calculations
From: Inflation targeting and term premia estimates for Latin America
| Â | US | Brazil | Chile | Colombia | Mexico | Peru |
|---|---|---|---|---|---|---|
US | \(1\) | Â | Â | Â | Â | Â |
− |  |  |  |  |  | |
Brazil | \(0.58\) | \(1\) | Â | Â | Â | Â |
\((6.86)\) | − |  |  |  |  | |
Chile | \(0.15\) | \(0.42\) | \(1\) | Â | Â | Â |
\((1.45)\) | \((3.26)\) | − |  |  |  | |
Colombia | \(0.69\) | \(0.59\) | \(0.45\) | \(1\) | Â | Â |
\((9.23)\) | \((7.05)\) | \((4.87)\) | − |  |  | |
Mexico | \(0.71\) | \(0.38\) | \(0.19\) | \(0.84\) | \(1\) | Â |
\((9.73)\) | \((3.93)\) | \((1.91)\) | \((14.77)\) | − |  | |
Peru | \(0.17\) | \(0.64\) | \(0.53\) | \(0.57\) | \(0.36\) | \(1\) |
\((1.64)\) | \((8.10)\) | \((6.08)\) | \((6.74)\) | \((3.71)\) | − |