Tesouro Direto bonds offer up to 33.8% returns in 2025

economia.uol.com.br (Portuguese)

Tesouro Direto titles have yielded up to 33.8% in 2025, significantly outperforming the CDI. Prefix and inflation-linked bonds, particularly Tesouro Renda+ and Tesouro Prefixado, drove these high returns due to falling interest rate expectations. Investors should be aware that these gains are not guaranteed if interest rate expectations rise, and selling before maturity carries significant risk.


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Tesouro Direto bonds offer up to 33.8% returns in 2025 | News Minimalist