The Brazilian currency has fallen to its lowest level against the dollar in more than two years, amid rising investor worries over recent economic and political turmoil. The real is down 14% this year, near its lowest levels since March 2016. The Brazilian portion of the JPMorgan EMBI Global Diversified sovereign-bond benchmark has dropped 5% since mid-April, while yields have moved higher.

Source: Wall Street Journal June 06, 2018 20:46 UTC