Yesterday, pressure on the domestic FX market filtered through into the OFZ market. Bonds slipped into the red right from the morning, with the curve moving 0.4-0.8pp lower, price wise. By the evening, the pressure had intensified, pushing the market further into negative territory. As a result, the long end dropped 1.0-1.2pp in price, with RFLB 28 (YTM 10.86%) declining to 75.85. The belly tenors were down 0.5-0.8pp in price, while short bonds closed 0.4pp weaker. The curve widened 20-25bp in yield, with the mid-term segment going back to the 11.0% level.