Brazil, Russia Cancel Debt Auctions; Head-in-Sand Move Won't Work
MishTalk
FEBRUARY 5, 2014
Cancel government debt auctions. A new ministry sale could have potentially pushed the rates higher, analysts said. Brazil Cancels Debt Auctions Today, Bloomberg reports Brazil Government Yields Fall After Auctions Canceled. Russia and Brazil don''t like escalating interest rates. Their "solution"? percentage point, to 12.80
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