Following Lula's victory in the Brazilian election, JPMorgan Chase downgraded its rating on the Brazilian real and Brazilian government bonds from "overweight" to "neutral," and its rating on Brazilian international bonds from "neutral" to "underweig

2026-10-26

Following Lula's victory in the Brazilian election, JPMorgan Chase downgraded its rating on the Brazilian real and Brazilian government bonds from "overweight" to "neutral," and its rating on Brazilian international bonds from "neutral" to "underweight."