Short-term and intermediate-term Brazilian DI rates closed lower on Thursday, influenced by a batch of economic data released in Brazil and the United States.
The decline in local rates mirrored a broader sell-off in US Treasury yields, as investors digested signs of cooling inflation and a weakening labor market in the world's largest economy.
5% according to preliminary estimates from the Bureau of Labor Statistics.
US Treasury yields fell as market participants absorbed a June jobs report that came in weaker than consensus estimates.
The data reinforced the prevailing view that the Federal Reserve is likely to move soon, with markets increasingly pricing in rate cuts.
Simultaneously, US consumer price inflation decelerated significantly in June, falling to an annual rate of 3.5% according to preliminary estimates from the Bureau of Labor Statistics.
This notable decline from prior months further supported the dovish sentiment driving bond markets.