Brazil 10-Year Government Bond Yield

Brazil 10-Year Government Bond Yield rose by 0.010% on Thursday October 23, trading at 13.82% with a weekly loss of 0.08% and monthly gain of 0.12%. Persistent fiscal risks and sticky inflation are impacting Brazil's 10-Year Government Bond Yield. Increased deficits from proposed government measures and contingent calls on state-controlled firms' budgets elevate fiscal concerns, pressuring the yield higher. Stubbornly elevated inflation led the Central Bank of Brazil to maintain its benchmark interest rate at 15%, signaling a prolonged hold and contributing to upward pressure on the yield. Brazil's debt structure with a significant portion linked to floating or indexed rates, amplifies fiscal sensitivity, requiring investors to demand higher compensation for risk, thus increasing the yield. Its 52-week high was 15.527 %, while its 52-week low was 12.606 %.