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Philippine GS Yields Seen Mixed After BSP’s Second Straight Hike

Philippine GS Yields Seen Mixed After BSP’s Second Straight Hike

BusinessWorld notes that government securities rates could be mixed this week after the Bangko Sentral ng Pilipinas delivered a second consecutive rate hike and signaled more tightening amid persistent inflation. The Bureau of the Treasury plans to auction P120 billion in short-term securities.

Original headline

GS rates may be mixed as BSP stays hawkish