DI DI1F28 Brazilian DI January 2028 Futures Loading... : Bullish and Bearish Analyst Opinions

Faria uses a long-term concentration model for DI rates. When the DI yield is below the long-term concentration line, rates are in a downtrend and Brazilian equities tend to rally; when it is above, rates are in an uptrend and he becomes cautious. The model flipped bullish for rates in early March 2025, so he reversed his optimistic equity call. The key level is DI January 2028 at 13.75%. If the market prices more rate cuts and DI28 loses 13.75%, he expects yields to fall and the outlook for Brazilian equities to improve.