Optimistic Inflation Data Triggers Drop in Brazil’s Rates

On Tuesday, Brazil witnessed a decline in its interest rate futures, with shorter-term contracts showing the most significant drops. This change followed the release of the February IPCA-15 inflation data, which outperformed expectations. At the same time, yields on U.S. Treasuries maintained their elevated levels for a large part of the day. The IPCA-15, an […]

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