Brazil’s Boom in Risky Bank Bonds Is Worrying Money Managers

A growing number of money managers are starting to warn about the risk of piling into a corner of the Brazilian bond market that has boomed as investors chase some...

By Tasos Vossos, Vinicius Andrade, Giovanna Bellotti Azevedo · Bloomberg Markets

A growing number of money managers are starting to warn about the risk of piling into a corner of the Brazilian bond market that has boomed as investors chase some of the highest yields in nearly two decades.