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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (66513)9/27/2010 12:48:45 PM
From: THE ANT  Read Replies (2) | Respond to of 217764
 
Trem da alegria.Brazilians join the race to the bottom.You will never catch Ben



To: elmatador who wrote (66513)9/27/2010 2:08:08 PM
From: elmatador  Respond to of 217764
 
Brazil seeks to lower real’s temperature. Jonathan Wheatley in
Sept. 22nd.

all with this Tony Volpon guy.
Tony Volpon, head of emerging market research for the Americas at Nomura Securities, says at a conservative estimate Brazilians are already paying R$44bn a year by, in effect, sitting on the losing side of a carry trade in which foreign investors buy Brazilian bonds yielding at least 10.75 per cent, the proceeds of which the government invests in dollar instruments yielding about half a percentage point a year.

ft.com