Fixed income shone in February, while the investor who got excited with the low prices on the stock market saw their strategy frustrated by a season of selling stocks.
Without new money from foreign capital - the fuel that drove equities throughout 2022 and in January - assets considered more conservative and tied to interest rates proved to be a better destination.
In the month's ranking, the leadership went to inflation-linked government bonds with maturities of up to five years, reflected in Anbima's IMA-B 5, appreciating 1.41%, with gains of 2.82% in the year.
The effortless . . .
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