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Brazil's Treasury cancels this week's bond auctions

Original: dario durigan

Brazil's National Treasury, led by Treasury Secretary Dario Durigan, cancelled the fixed-rate and inflation-linked bond auctions scheduled for this week. The move came amid market turbulence, and analysts are reading it as a signal of the government's concern over rising borrowing costs and volatility in domestic interest rates. Investors are watching closely for what the cancellation means for fiscal policy and public debt management.

Why now: The Treasury's unexpected cancellation of auctions under Dario Durigan is raising concerns about market conditions and the government's debt strategy.

Dario DuriganTesouro NacionalBrazilFolha de S.Paulo

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Evidence

• Tesouro cancela leilões de títulos prefixados e atrelados à inflação previstos para esta semana · Folha de S.Paulo

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