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View Full Version : Brazilian Futures Yields Plunge After Tombini Speeds Cycle of Rate Cuts - Bloomberg



NewsWhore
03-08-2012, 12:00 PM
Brazilian Futures Yields Plunge After Tombini Speeds Cycle of Rate Cuts (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNETDCCEj9nt0ZjvEqSAtpn0Srx-mw&url=http://www.bloomberg.com/news/2012-03-08/brazilian-futures-yields-plunge-after-tombini-speeds-cycle-of-rate-cuts.html)
Bloomberg
The real has climbed 5.6 percent this year, paring its decline over the past 12 months to 6.4 percent and renewing policy makers' concerns that the currency's strength will erode exports and add to the slowdown in Latin America's biggest economy.

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