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Mexico's stock market fell today by 5,7% its worst day since the financial crisis in 2008.

In addition to Mexican equities, the peso also suffered. The peso/USD lost 4%, after the left-wing governing party (Morena) performed surprisingly strongly in the elections and could possibly gain an overwhelming majority in Congress. This has led the market to fear that there may be constitutional changes could occur.

Mexican government bonds remained largely unchanged, with the spread measured in forex by JPMorgan's ($JPM (+0,15%) ) EMBIGD index by 8 basis points to 307 bps widened. The costs for the credit default swaps of 5Y Mexican government bonds rose by 3 basis points to 98 bps, per S&P Global ($SPGI (+0,55%) ).