Banco Central do Brasil Cuts Benchmark Rate 50bps To Record Low

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  • #21942
    Helmholtz Watson
    Participant

    Brazil’s central bank Banco Central do Brasil…

    [article]1727[/article]

    #25697
    Helmholtz Watson
    Participant

    Brazilian Risk Update

    Brazil’s local currency 10-yr yields surged 46 bps last week to 9.19% – up 234 bps in 2021 to highest level since December 2018
    Brazil CDS jumped 30 to a five-month high 222 bps.

    The #real dumped 4.6% this week, now done in 9.7%.

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