Big Rout in Brazil Bonds Reignites Fears Over Corporate Distress

It’s just two companies. But their escalating financial strains have sent bondholders racing to the exits and sown fear that more Brazilian businesses will be driven to the brink by...

By Vinicius Andrade, Giovanna Bellotti Azevedo · Bloomberg Markets

It’s just two companies. But their escalating financial strains have sent bondholders racing to the exits and sown fear that more Brazilian businesses will be driven to the brink by the nation’s highest interest rates in two decades.