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Gov't bond yields US Brazil Yield curves, Brazil and US 0.25 0.043 7.5 0.5 0.051 8.25 1 0.079 8.81 pct. per nnuma. 2 0.266 9.45

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Gov't bond yields US Brazil Yield curves, Brazil and US 0.25 0.043 7.5 0.5 0.051 8.25 1 0.079 8.81 pct. per nnuma. 2 0.266 9.45 0.485 9.47 0.93 9.94 1.257 10.35 0.25 0.5 3 5 7 10 10 1.465 10.97 maturity (years) Series1 + Series2 1. What do these yield curves suggest about market expectations with regard to the behavior of the Brazilian Real to US Dollar exchange rate? Again, briefly explain your

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