Brazil long-term rates surge 182bp on Lula victory; auction resumes
Published 1 d ago9 sourcesEvidence: Reported
FecomercioSP data shows Brazilian families paid R$515.4 billion in interest in H1 2026, up 9.8% year-on-year, consuming 14.64% of household income. Individual delinquency rose 20.3%, signaling mounting consumer financial stress. This suggests tightening credit conditions and potential drag on consumption, though the central bank's policy stance remains uncertain.
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Published 1 d ago9 sourcesEvidence: Reported
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