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Brazil Bonds

Brazil Investor

25 years of Brazil Bonds Investing. Not investment advice

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PricingOnly paid issuesPublishesWeekly
Issues89Founded3 years agoLast Issue11 days ago
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Latest Issues

Spread Risk in Brazilian USD Bonds: When a Good Credit Gets Cheaper for the Wrong Reason

How to separate fundamental deterioration from market-driven spread widening

In emerging markets, credit spreads can move much faster than fundamentals. A Brazilian company may report stable earnings, maintain conservative leverage, and co...

11 days ago
12
Paid

Scenario Analysis for Credit Portfolios: Building a Simple Stress Framework You Can Actually Use

From rate shock to spread shock to liquidity shock — a usable model for individual investors

A lot of investors know they should “stress test” a bond portfolio, but the term can sound more complicated than it needs to be. In practice, you...

18 days ago
14
Paid

Hedging Without Over-Hedging: Building a Practical FX Policy for USD Bond Investors in Brazil

How to think about currency risk, hedge ratios and implementation discipline

For Brazilian investors, buying U.S. dollar bonds can feel like a clean way to diversify away from local risk. The story is simple: earn income in USD, access a d...

25 days ago
8
Paid

Liquidity Under Stress: What Happens to Your Bond Exit When Markets Reprice Fast

Why tradability disappears exactly when you need it most

In calm markets, bond liquidity can feel invisible. A portfolio statement shows a price, a dealer quotes a spread, and the idea of “selling when needed” seems straightforward. But li...

a month ago
14
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Sovereign Risk, Contagion and Brazilian USD Bonds: How Macro Shocks Hit Individual Credits

When the country backdrop matters even in single-name analysis

When investors analyze Brazilian USD corporate bonds, the instinct is often to start with the issuer: balance sheet strength, leverage, liquidity, operating resilience, maturit...

a month ago
10
Paid

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  • Brazil Investor

    Brazilian. Former Morgan Stanley Research. 20 years investing in Brazil Stock and Bond Markets.

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