Rates fall with Treasuries and profit in marking to market

Continua após a publicidade..

Losses are translated into gains in the mark-to-market, since the measures are inversely proportional.

Continua após a publicidade..

In the first update of the day, at 9:52 am, the rates for IPCA+ Treasury bonds maturing in 2029 , 2035 and 2045 yielded 6.25%, 6.17% and 6.22%, respectively. Compared to the last closing price, the bonds were down, as they closed at 6.28%, 6.20% and 6.25%.

Yields on fixed-rate bonds 2027 , 2031 and the semi-annual interest-bearing bond 2035 were also down at 11.73%, 12.01% and 11.89%, compared to the previous 11.81%, 12.08% and 11.96%, respectively.

On Wednesday (04), DI rates closed sharply lower, following a decline in Treasuries. This is because the market received weak data from the American labor market , which added to the industrial sector’s performance that was also below expectations and caused fears of recession to return.

Furthermore, here, there was a reduction in bets that the Central Bank will raise the Selic rate by 50 basis points this month.

This morning, the market received more data on new private sector job openings in August in the United States, which came in well below market expectations .