Brazil’s Risk Premium Surges to Highest Level Since May 2023 Amid Fiscal Concerns
Brazil’s financial risk premium has spiked, reaching levels unseen since May 2023. The country’s five-year Credit Default Swap (CDS) spread surpassed 200 basis points, signaling growing concerns about its economic stability. This surge stands out among emerging markets. While Brazil’s CDS jumped 21.9% since early December, other countries saw much smaller increases: Mexico (+5.4%), Colombia […]