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PHL yields climb on inflation, BSP hike bets - BusinessWorld Online
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1 Articles
PHL yields climb on inflation, BSP hike bets - BusinessWorld Online
YIELDS on government securities (GS) traded in the secondary market rose sharply across all maturities last week as persistent inflation concerns and expectations of another rate increase from the Bangko Sentral ng Pilipinas (BSP) weighed on demand for bonds. Stronger-than-expected US inflation data reinforced expectations that the US Federal Reserve could keep interest rates elevated for longer, adding upward pressure on local yields, analysts …
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
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100% Center
C 100%
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