Once-in-a-Career Moves Stun Traders in Brazil’s Election Frenzy

As Brazilian markets opened for business on Monday, Pradeep Kumar watched a move unfold on his screen that was unlike anything he’d encountered in his two decades trading the country’s...

By Vinícius Andrade and Felipe Saturnino · Bloomberg Markets

As Brazilian markets opened for business on Monday, Pradeep Kumar watched a move unfold on his screen that was unlike anything he’d encountered in his two decades trading the country’s assets.