macroeconomy

Brazil: Fiscal Crisis in the Making?

Download PDF: The Brazilian 10-year bond yield has continued to shoot up to 11% this month amid the political debacle in the country and lack of credible proposal from the government to reign its growing public debt. A hawkish Fed, deterioration in Chinese growth and flareup of the pandemic globally all point to downside riskContinue reading “Brazil: Fiscal Crisis in the Making?”