At a time when private credit issues end up competing with and generating pressure on national Treasury bond rates, the market has been closely monitoring distortions in Brazil’s real interest curve. He sought to investigate these anomalies, a study he prepared Nekton Investments And he got it exclusively value It indicates that the point on the NTN-Bs curve where there is the greatest pressure from private issues is the 10-year top, i.e. bonds due in 2035.