Will inflation in Brazil be above 4.20% in April 2026?

This market shows extreme illiquidity with zero volume and open interest despite a massive 7¢ spread, suggesting virtually no active trading interest despite the market closing in just 20 days. The 0¢ price implies near-zero probability that Brazilian inflation exceeds 4.20% in April 2026, yet the implied yield on the No side reaches 6999.9%—an absurd figure indicating the pricing is disconnected from realistic market expectations rather than reflecting genuine consensus. With a Cliff Risk Index of 4 and only three weeks to expiry, this appears to be a stale or abandoned market where the extreme yields are mathematical artifacts of illiquidity rather than actionable trading signals.

Resolution rules

If the annual inflation rate in Brazil is above 4.20% in April 2026, then the market resolves to Yes.

Indicators

Regime

Trade