Actual
14.8990
Daily Change
0.0490
Monthly
0.17%
Yearly
0.86%
Q3 Forecast
14.8258
Brazil 10-Year Government Bond Yield - Summary

Brazil’s 10-year government bond yield rose to 14.9% in mid-August, nearing a one-month high following a rise in US Treasury yields. US Treasury yields increased amid elevated inflation expectations. Worsening risk perception as Brazil’s October presidential election approaches also contributed to the rise, with markets pricing in uncertainty surrounding the next government and its economic agenda. Concerns that the next government could face difficulties implementing a consistent fiscal adjustment are beginning to translate into a higher risk premium in asset prices. Fiscal concerns persist amid signals of higher government spending and pressure on revenues from new US tariffs. Meanwhile, the Copom signaled a cautious approach to further interest rate cuts. Brazil also created a net 145,161 formal jobs in June, well above expectations for 115,000, reinforcing labor market resilience and supporting expectations that interest rates will remain restrictive.

Brazil 10-Year Government Bond Yield - Stats

The yield on Brazil 10Y Bond Yield rose to 14.90% on August 18, 2026, marking a 0.05 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.17 points and is 0.86 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 1401 in December of 2022. Brazil 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on August 19 of 2026.

Brazil 10-Year Government Bond Yield - Forecast

The yield on Brazil 10Y Bond Yield rose to 14.90% on August 18, 2026, marking a 0.05 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.17 points and is 0.86 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 14.83 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 14.29 in 12 months time.



Bonds Yield Day Month Year Date
Brazil 10Y 14.90 0.049% 0.169% 0.861% Aug/18
Brazil 52W 13.62 -0.063% -0.238% -1.010% Aug/18
Brazil 2Y 14.14 -0.002% -0.091% 0.448% Aug/18
Brazil 3M 13.68 0.028% -0.140% -1.232% Aug/18
Brazil 3Y 14.54 0.019% -0.023% 1.139% Aug/18
Brazil 5Y 14.68 -0.003% 0.028% 1.017% Aug/18
Brazil 6M 13.54 -0.005% -0.250% -1.315% Aug/18



Related Last Previous Unit Reference
Brazil Inflation Rate 4.44 4.64 percent Jul 2026
Brazil Interest Rate 14.00 14.25 percent Aug 2026
Brazil Unemployment Rate 5.40 5.60 percent Jun 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
14.90 14.85 1401.00 6.25 1998 - 2026 percent Daily

News Stream
Brazil 10-Year Yield Nears One-Month High
Brazil’s 10-year government bond yield rose to 14.9% in mid-August, nearing a one-month high following a rise in US Treasury yields. US Treasury yields increased amid elevated inflation expectations. Worsening risk perception as Brazil’s October presidential election approaches also contributed to the rise, with markets pricing in uncertainty surrounding the next government and its economic agenda. Concerns that the next government could face difficulties implementing a consistent fiscal adjustment are beginning to translate into a higher risk premium in asset prices. Fiscal concerns persist amid signals of higher government spending and pressure on revenues from new US tariffs. Meanwhile, the Copom signaled a cautious approach to further interest rate cuts. Brazil also created a net 145,161 formal jobs in June, well above expectations for 115,000, reinforcing labor market resilience and supporting expectations that interest rates will remain restrictive.
2026-08-14
Brazil 10-Year Bond Yield Rises After BCB Meeting
Brazil's 10-year government bond yield rose to 14.52% from the three-week low of 14.42% reached on August 4th after the Copom signaled a cautious approach to further interest rate cuts. Although the BCB lowered the Selic rate by a widely expected 25 basis points to 14.0%, its lowest level since March 2025, policymakers stressed that the pace and extent of further easing will depend on incoming economic data and the inflation outlook. The committee also cited heightened uncertainty stemming from conflicts in the Middle East and from the monetary policy outlook in advanced economies. Meanwhile, Brazil created a net 145,161 formal jobs in June, well above expectations of 115,000, reinforcing labor market resilience and supporting expectations that interest rates will remain restrictive. Fiscal concerns also persisted amid signals of higher government spending and pressure on revenues from new US tariffs.
2026-08-06
Brazil Yields Fall Ahead of BCB Meeting
Brazil's 10-year government bond yield fell to 14.55% from a nearly three-month high of 15% reached in late July as easing tensions in the Middle East pushed oil prices lower, reducing inflation concerns. Iran signaled progress in negotiations to restore shipping through the Strait of Hormuz after US President Donald Trump called off a planned strike, raising hopes for a diplomatic resolution. The decline in oil prices reinforced expectations that the BCB will cut the Selic rate from 14.25% at its August 5th meeting. The latest Focus Survey lowered the 2026 inflation forecast to 5.03% from 5.12% and reduced the year-end Selic projection to 13.75% from 14.00%. Meanwhile, mid-month annual inflation fell to 4.52% in July, from 4.80% in June, below forecasts of 4.67%.
2026-08-04