％Effective Federal Funds Rate
EFFR
▲ PositiveMonetaryrelevance
Fed raised rates 25 bps and signaled a more restrictive stance, lifting the effective fed funds rate.
Impact on assets 4
Others
％Brazil Government Bond 10Y
BR-10Y
▼ NegativeMonetaryrelevance
Copom cut the Selic to 13.75%, pulling Brazilian 10Y yields lower.
％United States Government Bond 10Y
US-10Y
▲ PositiveMonetaryrelevance
More restrictive Fed stance pushes US 10Y yields higher.
Others
💱US Dollar/Brazilian Real FX Spot Rate
USDBRL
▲ PositiveMonetaryrelevance
Fed hike plus Copom cut to 13.75% narrows the rate differential in favor of the dollar, weakening the real.