The yield on Brazil’s 10-year government bond slumped by more than 20 basis points to 13.05%, as recession fears continued to dominate financial markets amid concerns about the global economy and prospects of a longer-than-expected path of interest rate hikes. Domestically, persistent uncertainty over the future of Brazil's economic and fiscal policies beyond this year is a major risk, with investors fretting that the October presidential vote will trigger more public spending. Both President Jair Bolsonaro and former President Luiz Inacio Lula da Silva, the front-runners in this year’s race, are expected to change a rule that limits public spending to boost the economy next year, but without a fiscal anchor to replace it, the country's fiscal situation will probably worsen.

Historically, the Brazil Government Bond 10Y reached an all time high of 18.44 in November of 2008. Brazil Government Bond 10Y - data, forecasts, historical chart - was last updated on July of 2022.

The Brazil Government Bond 10Y is expected to trade at 13.38 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 14.36 in 12 months time.

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Brazil Government Bond 10Y


Bonds Yield Day Month Year
Brazil 10Y 13.07 0.020% 0.300% 3.795%
Brazil 52W 13.75 -0.100% 0.180% 6.505%
Brazil 2Y 10.50 -0.080% 0.150% 4.850%
Brazil 3M 13.21 0.004% 0.276% 8.349%
Brazil 3Y 12.84 -0.065% 0.100% 4.820%
Brazil 5Y 12.89 0% 0.200% 4.710%
Brazil 6M 13.72 0.001% 0.146% 7.811%


Brazil Government Bond 10Y
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
13.07 13.05 18.44 6.25 2006 - 2022 percent Daily