Oscillatory dynamics and quasi-static Campbell regime of the vortex lattice (VL) in twinned Y Ba2Cu3O7 single crystals has been explored at low …elds near the peak e¤ect (PE) region by linear and non-linear ac susceptibility measurements. We show evidence that the PE is a dynamic anomaly observed in the non-linear response, and is absent in the Labusch constant derived from the linear Campbell regime. Static properties play a major role however, and we identify two H(T ) lines de…ning the onset and the end of the e¤ect. At H1(T ) a sudden increase in the curvature of the pinning potential wells with …eld coincides with the PE onset. At a higher …eld, H2(T ), a sudden increase in linear ac losses, where dissipative forces overcome pinning forces, marks the end of Campbell regime and, simultaneously, the end of the PE anomaly. Vortex dynamics was probed in frequency dependent measurements, and we …nd that in the PE region, vortex dynamics goes beyond the description of a power law with a …nite creep exponent for the constitutive relation.