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Brazil's industrial output rises 0.9% in February

BY Reuters | ECONOMIC | 08:09 AM EDT

SAO PAULO, April 2 (Reuters) - Industrial production in Brazil rose 0.9% in February from January, government statistics agency IBGE said on Thursday, beating the median estimate in a Reuters poll which projected an increase of 0.7%.

Output was down 0.7% year-on-year in February, IBGE added. Economists in the Reuters poll had forecast a 1.0% drop. (Reporting by Gabriel Araujo and Camila Moreira; Editing by Emelia Sithole-Matarise)

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

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