The rates on Treasury Direct bonds are mostly falling this Tuesday (22), compared to the previous day's closing.
In the first update, at 9:27 AM (Brasilia time), the yields on the IPCA+ Treasury bonds maturing in 2029, 2040, and 2050 were at 7.87%, 7.16%, and 6.99%, respectively, compared to 7.89%, 7.16%, and 7.00% recorded earlier.
Meanwhile, the fixed-rate bonds for 2028, 2032, and 2035 (with semiannual interest) offered 13.63%, 13.98%, and 14.06%, respectively, compared to 13.65%, 14.00%, and 14.08%.
The movement goes against the yields of U.S. Treasury securities, which are advancing this morning.
There, the 10, 20, and 30-year bonds — global benchmarks for the markets — pay 4.37%, 4.93%, and 4.94%, respectively, above the 4.36%, 4.92%, and 4.92% recorded the day before.
Now this morning, the president of the Federal Reserve, Jerome Powell, spoke at a conference on banking regulation, but did not bring any important news regarding interest rate policy, as expected, since the event took place during the quiet period before the Federal Open Market Committee (FOMC) meeting scheduled for next week.
It is worth noting that the U.S. central bank has already indicated that it intends to keep rates unchanged while monitoring the effects of Donald Trump's tariff policy on the country's economy.
Response to the tariffs
In the domestic scenario, attention is focused on the trade clash between Brazil and the United States.
According to news agencies, the Ministry of Finance already has a response plan to the 50% tariffs imposed by Trump on Brazilian products.
According to the minister of the department, Fernando Haddad, the federal government is studying the creation of emergency credit lines and a support program for affected entrepreneurs.