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View Full Version : Brazil Rate Futures Yields Plunge to Record as Economy Shrinks - Bloomberg



NewsWhore
05-18-2012, 01:30 PM
Brazil Rate Futures Yields Plunge to Record as Economy Shrinks (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEcviTSQWu-PwZ8cacxL8C6hTTUzA&url=http://www.bloomberg.com/news/2012-05-18/brazil-rate-futures-yields-plunge-to-new-low-real-strengthens.html)
Bloomberg
The currency has lost 2.1 percent this week in what would be its sixth consecutive five-day drop. The central bank has reduced Brazil's target lending rate by 3.5 percentage points since Aug. 31 to 9 percent, the most among the world's 25 largest ...

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