Under Lula, investors demand higher interest rates for Brazilian public bonds due to increased economic risk
The interest on inflation-linked public bonds exceeded 6.5% in 2023, in the accumulated rate for 12 months. One year ago, they were 5.65%. The data are from Tesouro Direto and can be accessed on this panel. In practice, it is more expensive for the public sector to finance itself and more attractive to investors who […]