Brazil DI Futures Rise on Global Risks

Brazilian DI futures contracts ended Wednesday with sharp gains. The upward move followed consecutive sessions of steep declines and was driven by profit-taking alongside global risk aversion.

Escalating conflict between the United States and Iran pushed crude oil above $100 per barrel for the first time since July, lifting interest rate futures globally. Pressure also grew after the US Department of the Treasury announced a $6 billion buyback operation in 10-year to 20-year Treasuries scheduled for Thursday.

In Brazil, the January 2027 DI contract rate rose from 13.57% at the previous settlement to 13.575%. The January 2028 DI climbed from 13.52% to 13.63%, while the January 2029 DI increased from 13.705% to 13.86%. The January 2031 contract advanced from 13.90% to 14.09%.

In late New York trading, US Treasury yields held significant gains below their session peaks. The 2-year Treasury note yield rose from 4.404% to 4.436%, the 10-year Treasury note yield increased from 4.794% to 4.846%, and the 30-year Treasury bond yield climbed from 5.248% to 5.296%.