Friday 14 December 2018
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inquirer - 3 month ago

Bond yields rising on inflation jitters

Investor concerns over high inflation and slower economic growth have jacked up yields on peso-denominated securities in recent months, the Asian Development Bank said Friday. In its Asia Bond Monitor report for September, the Manila-based multilateral lender noted that between June 1 and Aug. 15, the rates of Philippine local currency bonds increased almost across the board, save for the three-month IOUs, whose rate declined by 58 basis points. The yield on four-year bonds posted the biggest jum

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