Actual
14.1650
Daily Change
-0.12%
Monthly
-0.57%
Yearly
0.39%
Q3 Forecast
14.2798
Brazil 10-Year Government Bond Yield - Summary

Brazil's 10-year government bond yield fell to 14.25% from the two-week high of 14.5% on September 15th amid a pullback in energy prices and rate cut by the Central Bank of Brazil. The BCB cut its rate by 25bps to 13.75% and left its next steps open, saying that the current environment of uncertainty calls for composure and caution in the conduct of monetary policy. It was the final monetary policy meeting before the presidential election in October. Yields were also pressured by a pullback in oil prices, limiting the risks of a hawkish turn by the central bank. Meanwhile, gains by Flávio Bolsonaro in recent presidential election polls have supported Brazilian bonds, as markets view Bolsonaro as fiscally restrictive, while elevated domestic yields and weak business activity continue to weigh on the economic outlook.

Brazil 10-Year Government Bond Yield - Stats

The yield on Brazil 10Y Bond Yield eased to 14.06% on September 23, 2026, marking a 0.12 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.57 points, though it remains 0.39 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Brazil 10-Year Government Bond Yield reached an all time high of 30.78 in July of 2002. Brazil 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on September 24 of 2026.

Brazil 10-Year Government Bond Yield - Forecast

The yield on Brazil 10Y Bond Yield eased to 14.06% on September 23, 2026, marking a 0.12 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.57 points, though it remains 0.39 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The Brazil 10-Year Government Bond Yield is expected to trade at 14.28 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 13.71 in 12 months time.



Bonds Yield Day Month Year Date
Brazil 10Y 14.17 -0.115% -0.568% 0.388% Sep/23
Brazil 52W 13.50 0.038% -0.022% -0.777% Sep/23
Brazil 2Y 13.78 0.073% -0.227% 0.173% Sep/23
Brazil 3M 13.39 -0.005% -0.338% -1.390% Sep/23
Brazil 3Y 13.95 0.070% -0.405% 0.735% Sep/23
Brazil 5Y 14.09 0.063% -0.415% 0.705% Sep/23
Brazil 6M 13.36 -0.020% -0.145% -1.372% Sep/23



Related Last Previous Unit Reference
Brazil Inflation Rate 4.22 4.44 percent Aug 2026
Brazil Interest Rate 13.75 14.00 percent Sep 2026
Brazil Unemployment Rate 5.30 5.40 percent Jul 2026

Brazil 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
14.06 14.17 30.78 5.49 1998 - 2026 percent Daily

News Stream
Brazil 10-Year Yield Falls After Selic Cut
Brazil's 10-year government bond yield fell to 14.25% from the two-week high of 14.5% on September 15th amid a pullback in energy prices and rate cut by the Central Bank of Brazil. The BCB cut its rate by 25bps to 13.75% and left its next steps open, saying that the current environment of uncertainty calls for composure and caution in the conduct of monetary policy. It was the final monetary policy meeting before the presidential election in October. Yields were also pressured by a pullback in oil prices, limiting the risks of a hawkish turn by the central bank. Meanwhile, gains by Flávio Bolsonaro in recent presidential election polls have supported Brazilian bonds, as markets view Bolsonaro as fiscally restrictive, while elevated domestic yields and weak business activity continue to weigh on the economic outlook.
2026-09-17
Brazil 10-Year Yield Falls on Rate-Cut Bets
Brazil’s 10-Year government bond yield fell to around 14.14% in September, a three-month low, following lower-than-expected inflation data. Brazil’s annual inflation rate eased to 4.22% in August 2026 from 4.44% in July, slightly below forecasts of 4.27% and moving further within the central bank’s target range of 1.50%-4.50%. The data strengthened expectations that the BCB will cut the Selic by another 25 basis points at next week’s Copom meeting. Meanwhile, recent polls have shown Flávio Bolsonaro gaining ground in the presidential race. Markets view Bolsonaro as more fiscally restrictive, while elevated domestic yields and weak business activity continue to weigh on the economic outlook. The move gained further momentum as the intensification of a dispute between Supreme Court justices Alexandre de Moraes, seen as a Lula ally, and André Mendonça has escalated into an institutional crisis.
2026-09-11
Brazil Yields Drop as Election Race Tightens
Brazil's government bond yield fell to 14.3% in September, the lowest in three months, following the release of new polls on the 2026 presidential election. The polls showed President Lula and Senator Flávio Bolsonaro in a technical tie in a potential October runoff. Markets view Bolsonaro as more fiscally restrictive, while elevated domestic yields and weak business activity continue to weigh on the economic outlook. Meanwhile, Brazil’s GDP expanded 0.5% in the second quarter of 2026, slightly above forecasts. However, high inflation and borrowing costs due to the widening public deficits reflected some deterioration in household consumption, which contracted by 0.4%. For the BCB, the data suggest that the effects of monetary tightening are increasingly visible, potentially leaving room for further Selic cuts.
2026-09-08