PoliticsNotableConfirmedDeveloping
7.1
Brazil's Lula expands Bolsa Familia ahead of tight elections, fiscal concerns rise
La RepúblicaLO·BR·about 9 hours ago
Brazilian DI futures closed lower after a new poll showed Flávio Bolsonaro gaining support, easing fiscal concerns. Earlier, a Bolsa Família adjustment announcement pressured rates higher. The market is pricing political risk and fiscal policy uncertainty.