MarketsNotableConfirmed
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Brazil DI rates fall as Treasury yields and oil decline; Lula leads poll
InfoMoney·BR · US·about 5 hours ago
Brazilian Treasury rates declined for a fourth consecutive session, supported by lower oil prices after Saudi exports exceeded 4 million bpd in September. Domestic political uncertainty persists as polls show a statistical tie between Lula and Flávio Bolsonaro ahead of the runoff, with new Quaest data expected later today.
Brazilian interbank deposit (DI) and Treasury rates have declined for multiple consecutive sessions. This trend is confirmed to be driven by lower US Treasury yields, falling oil prices, and reduced global risk premiums. Domestic political sentiment, specifically optimism regarding a potential opposition win despite tight polls, is also contributing to the market movement.