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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.95+0.1%Dec 30 4:00 PM EST
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To: Chas. who wrote (67292)10/19/2010 11:49:45 AM
From: elmatador  Read Replies (1) of 218857
 
Brazil isn’t totally scaring off yield-hungry investors, but channelling them into offshore and ultra-long issues that help to diversify the markets for its debt.

...

Which perhaps suggests that if Brazil is this canny, its decision to walk out of the next G20 summit says rather a lot about whether the global body is still trusted by countries to coordinate action on the world economy, as Daniel Drezner notes.

Brazil, the clever currency warrior.

ftalphaville.ft.com
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