The staying power of an ever-widening corruption scandal in Brazil has bond investors bracing for more pain.
That’s stoking pessimism among bond investors already saddled with the worst losses in two years as the damaging effects of the scandal linger seven months after it surfaced. The nation’s dollar-denominated notes have slumped 1.5 percent in the first half of 2015, compared with an average gain of 1.5 percent in emerging markets.
Brazil Energy Insight 
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