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The Nexus
BUSINESSApr 9 · 12:57 UTCBLOOMBERGFelipe Saturnino, Raphael Almeida, Leda Alvim, Barbara Nascimento

Rates Rout Fuels Worst Month for Brazil Hedge Funds Since 2020

Brazil's hedge funds experienced their worst monthly performance since 2020, attributed to rising interest rates. The financial district in Sao Paulo, a key economic hub, is highlighted as a focal point for market activity.

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