The Sao Paulo stock exchange opened with a negative bias on Monday, amid a very negative trajectory in future US bonds, despite falling Treasury income and mixed commodity performance.
The research focus also showed worsening expectations for inflation in Brazil this year and next, with economists raising forecasts for Selic in 2026.
At 10:09 am, Ibovespa, a benchmark of the Brazilian stock market, lost 0.2% to 122,206.78 points. The shortest index futures contract on Feb. 12 retreated 0.15%.
Source: Terra
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