Brazil Markets Seek Calm Post-Lula Shock; Country Risk Stays Elevated at 765
Published 2 d ago9 sourcesEvidence: Reported
Argentine dollar bonds rebounded up to 0.9% after Monday's selloff triggered by Brazil's election result, with country risk easing to 735 basis points. Markets await the Fed's decision and an IMF agreement that would unlock a $900 million disbursement. The rebound suggests investor relief, but sustainability hinges on external conditions and IMF terms.
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