Brazil Treasury Extends Record Intervention as Volatility Surges

Brazil’s Treasury is stepping into markets for a third straight day, counting on a record intervention to contain volatility triggered by a surge in oil prices amid escalating tensions around...

By Giovanna Bellotti Azevedo, Martha Viotti Beck, Felipe Saturnino · Bloomberg Markets

Brazil’s Treasury is stepping into markets for a third straight day, counting on a record intervention to contain volatility triggered by a surge in oil prices amid escalating tensions around the war in Iran.