Brazil bond buyers book Bolsonaro boon

Oliver West

November 01, 2018 10:15 pm

Bolsonaro, Brazil, elections, president, Latam — SAO PAULO SP, SP 29/10/2018BRAZIL-ELECTION-JAIR BOLSONARO:Picture of the front pages of newspapers referring to the victory of newly elected Brazilian president, Jair Bolsonaro after the runoff Brazilian national election in Brasilia, on October 29, 2018. - Brazil entered a new era Monday after electing its next president, Jair Bolsonaro, a far-right congressman who vowed a fundamental change in direction for the giant Latin American country. Bolsonaro, who openly admires Brazil's former military dictatorship and shocked many with his derogatory remarks on women, gays and blacks, won 55 percent of the vote in a run-off election Sunday, more than 10 points ahead of leftist opponent Fernando Haddad..(Credit Image: © Cris Faga via ZUMA Wire/ZUMAPRESS.com). | Cris Faga/Zuma Press/PA Images

A rally in Brazilian dollar bonds slowed but did not reverse this week after right-wing Jair Bolsonaro eased to victory in last Sunday’s presidential election.

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Oliver West

US Bureau Chief - Latin America Editor