The yield on Brazil’s 10-year government bond slumped by more than 20 basis points to 12.92% on Wednesday, erasing most of the gains of the 24 bps jump of the previous session, as concerns about the economy and prospects of a longer than expected path of interest rate hikes has been driving volatility in global bond markets. Adding to recession woes, the world’s largest economy contracted more than previously thought, with the US first-quarter GDP falling 1.6% over the previous period. Still, borrowing costs remained historically elevated and near the six-year high of 13.285% hit on June 15th, as investors wait for incoming job data to assess how much tightening is left in the Central Bank of Brazil playbook.

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 June of 2022.

The Brazil Government Bond 10Y is expected to trade at 13.17 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 14.13 in 12 months time.

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Brazil Government Bond 10Y


Bonds Yield Day Month Year
Brazil 10Y 13.05 -0.230% 0.500% 3.840%
Brazil 52W 13.85 -0.125% 0.365% 7.555%
Brazil 2Y 13.16 -0.175% 0.455% 5.380%
Brazil 3M 13.21 0.004% 0.286% 8.979%
Brazil 3Y 12.90 -0.175% 0.550% 4.935%
Brazil 5Y 12.89 -0.220% 0.455% 4.780%
Brazil 6M 13.49 -0.010% 0.205% 8.645%


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
13.05 13.28 18.44 6.25 2006 - 2022 percent Daily