

DI rates have strong increases on Friday morning, surpassing 10 basis points in several maturities, continuing the most recent trend of increasing premiums in the forward curve amid investors’ discomfort with the fiscal area and President Luiz Inácio Lula da Silva’s statements.
At 10:39 am, the DI (Interfinancial Deposit) rate for January 2027 – one of the most liquid – was at 11.865%, up 15 basis points from the previous close.
At the same time, the spot dollar surged 1.03%, at 5.5648 reais, driven by the dispute for the end-of-month Ptax formation.
Download a list of 10 Small Caps stocks that, according to experts, have growth potential for the coming months and yearsAdvertisement continuesEarlier, Lula once again criticized the Central Bank and its president, Roberto Campos Neto.
In an interview with FM O Tempo radio, from Minas Gerais, he stated that the current level of the basic Selic rate, at 10.50% per year, is “unreal” considering controlled inflation.
Lula also pointed out that Campos Neto was appointed by the previous government, under Jair Bolsonaro, and said that the BC president “is not doing what should have been done correctly.”Regarding the exchange rate, he demanded action from the BC.
“Why is the dollar rising? Because there is speculation with derivatives in the perspective of appreciating the dollar and devaluing the real.
And the Central Bank has an obligation to investigate this,” he said.On Thursday, during a press conference in São Paulo, Campos Neto had stated that recent statements made by Lula have had a negative impact on market prices.
The rise in DI rates on Friday runs contrary to the trend in the foreign market, where Treasury yields fell after the release of inflation data within expectations.
The US Department of Commerce reported that the PCE inflation index – closely watched by the Federal Reserve – remained steady in May, after rising 0.3% in April. Over the 12 months to May, the indicator rose by 2.6%, compared to 2.7% in the 12 months to April.