Short-term TES bond yields reach two-decade highs

May 16, 2026

በAI የተዘገበ

Yields on one-year TES bonds have climbed to historic levels in auctions held by Colombia's Finance Ministry so far in 2026.

In the April 28 auction the yield on one-year titles reached 13.720 percent, a new high not seen in at least two decades.

The year started with a yield of 11.490 percent on January 6 and rose to 13.480 percent in the May 12 auction, an increase of 1.99 percentage points.

Analyst Diego Montañez from Universidad Eafit said rates are high across all terms and the government is borrowing expensively in both the short and long term.

Since late March the TES curve has shown flattening, with one-year papers demanding higher yields than longer maturities.

ተያያዥ ጽሁፎች

Illustration of Bitcoin price falling below 82000 due to rising treasury yields

Bitcoin falls below $82,000 as treasury yields surge

May 15, 2026 በAI የተዘገበ በ AI የተሰራ ምስል

Bitcoin traded at $79,083 on May 15, down more than 3 percent after failing to hold above $82,000 resistance. Rising US Treasury yields are drawing institutional capital away from the cryptocurrency and into government debt.

One-year TES rates reach historic high of 13.693%

One-year Treasury bills (TES) rates hit a new record in auction number 13 by the Public Credit Directorate, reaching 13.693%. This surpasses the previous high and marks a 2.2 percentage point increase so far this year. The upward trend raises concerns over the Colombian Government's borrowing costs.

One-year TES rates hit record 13.494%

March 25, 2026 በAI የተዘገበ

Colombia's Public Credit Directorate awarded one-year TES bonds at a cut-off rate of 13.494% in the March 24 auction, setting a new historical high. With 5.29% inflation, this yields a real rate near 8.2%. The outcome signals heightened fiscal risk perception among investors.

ኢኮኖሚ

Global 10-year bond yields drop in February 2026

America

Treasury repurchases bonds to curb rising interest rates

America

Accumulated fiscal spending to april exceeds 2021-2025 average

Inflation fears push global bond yields higher as Middle East tensions persist

Global financial markets reacted on Monday to renewed surges in oil prices and geopolitical tensions in the Middle East, continuing the economic ripple effects first seen after the Iran conflict and Hormuz blockade earlier this year.

India's benchmark bond yield hits 6.94% amid inflation fears

March 27, 2026 በAI የተዘገበ

India's 10-year benchmark bond yield rose 7 basis points to 6.94% on Friday, signaling concerns over inflation and potential monetary tightening. High Brent crude prices above $100 per barrel, driven by the West Asia conflict, have intensified fears, compounded by the rupee falling below 94 to the dollar.

Banco de la República unanimously holds interest rate at 11.25%, defying hike expectations amid government tensions

In its May 1, 2026 board meeting, Banco de la República unanimously kept the benchmark interest rate at 11.25%, surprising analysts expecting a hike to combat accelerating inflation. Finance Minister Germán Ávila participated fully, citing constructive dialogue, while board members justified the decision to maintain stability amid political pressures.

Euríbor closes April at 2.747% and raises mortgage costs

April 30, 2026 በAI የተዘገበ

Spain's 12-month Euríbor, benchmark for most variable-rate mortgages, closed April at 2.747%, its highest since September 2024. This marks a 60.4 basis point rise from a year ago, raising average annual mortgage payments by about 600 euros. The increase pressures both variable and fixed-rate mortgages.

May 16, 2026 19:37

Short-term TES bond yields reach two-decade highs

ተያያዥ ጽሁፎች

Bitcoin falls below $82,000 as treasury yields surge

One-year TES rates reach historic high of 13.693%

One-year TES rates hit record 13.494%

Global 10-year bond yields drop in February 2026

Treasury repurchases bonds to curb rising interest rates

Accumulated fiscal spending to april exceeds 2021-2025 average

Inflation fears push global bond yields higher as Middle East tensions persist

India's benchmark bond yield hits 6.94% amid inflation fears

Banco de la República unanimously holds interest rate at 11.25%, defying hike expectations amid government tensions

Euríbor closes April at 2.747% and raises mortgage costs

Bond yields near stress levels as oil prices climb toward $115

Tokenized treasuries reach record 15.35 billion amid bitcoin stall

Colombian bonds rank among highest yielding in emerging markets

Central bank raises rates by 200 basis points amid rising inflation

Colombia's Ministry of Hacienda auctions 900 billion pesos in TCO at 13.450%

Government raises US$700 million in dollar bond auction

Analysts project year-end inflation at 6.32% and rates at 12.25%

Colombia's finance ministry issues 900 billion pesos in TCO at 13.65%

Colombia's public debt reaches 64.4% of GDP in 2025

Luis Caputo launches dollar bond auction under local law

ይህ ድረ-ገጽ ኩኪዎችን ይጠቀማል