Yields hit by rate hikes

by The Manila Times

Nov 28, 2022 12:22 am

EAST Asian economies, the Philippines included, saw bond yields rise and financial conditions worsen further as major advanced economies tightened monetary policy, the Asian Development Bank (ADB) said last week.

'Among regional bond markets, Vietnam and the Philippines recorded the sharpest rise overall in government bond yields,' the Manila-based multilateral said in its latest Asia Bond Monitor report released on Friday.

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