What's going on with Brazil's interest rates. Look at the three month bill....9.21 percent interest. Is that right??
You should go for it then... If your looking for good rates, you might also wanna check out Greek paper.
I think I may go for it. My money is being eaten away in the U.S. I do have to take on currency risk.
How would one hedge away the currency risk? I have a feeling the hedge eats up all of the potential gain. And how does an individual investor buy Brazilian bills in the first place?
Good question...How to hedge the risk? You buy them from your broker...through your TD ameritrade account or whoever you use