RIO DE JANEIRO, BRAZIL - The unstable scenario has raised the perception of risk in the country. The CDS Brazil (Credit Default Swap), considering a 5-year term, increased from 150 points at the start of the year to around 200 points now - up 33%.
The indicator measures investors' perception of the country. The higher the value of the index, the greater the perception that Brazil is not a safe country to invest in. "It's insurance against default," says Levante's macroeconomic analyst Gabriel Floriano. He says that considering a 10-year term, the increase reached almost 35%.
Moreover, data . . .