It was a desperate appeal to regulators: Step in, they were urged, and put a stop to this reckless behavior. It came as Chilean pension funds were making outsized bets on US interest rates, more than a year before a painful blowup left them billions of dollars in the red.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-10-15/before-us-rate-bets-wiped-out-billions-warnings-were-ignored-in-chile)