Treasury bill yields rose across all tenors at Tuesday’s auction as investors demanded higher returns amid mounting inflation concerns and expectations that the Bangko Sentral ng Pilipinas (BSP) may have to tighten monetary policy further.
Yields on shorter-dated Philippine Treasury bills climbed at Monday’s auction as investors positioned for a possible further monetary tightening by the Bangko Sentral ng Pilipinas (BSP) later this week.
Philippine inflation surged to 7.2 percent in September, matching the pace in April, which is the fastest rate in three-and-a-half years and putting the Bangko Sentral ng Pilipinas under renewed pressure to tighten monetary policy.
The US Federal Reserve raised interest rates Wednesday for the first time since 2023, lifting its benchmark rate by 25 basis points to 3.75 percent to 4 percent as policymakers moved to counter persistent inflation.
Treasury bill yields climbed across all maturities at Monday’s auction as investors priced in the Bangko Sentral ng Pilipinas’ recent rate hike and the prospect of further monetary tightening amid an elevated inflation outlook.
Several Metrobank branches across Metro Manila will be closed November 16‑18, 2026, in line with Malacañang’s declaration of special non‑working days for the 49th ASEAN Summit, the bank announced.
San Miguel Corporation (SMC) maintained flat year‑on‑year core income for the first nine months of 2026 despite rising interest and input costs, showing the resilience of the Philippine conglomerate’s diversified portfolio.
Former Bureau of Internal Revenue chief Charlito Martin R. Mendoza took over the Bureau of Customs on Friday, pledging to strengthen border protection and revenue collection while easing the movement of legitimate trade.
AC Health is extending its healthcare partnership with Valenzuela City beyond hospitals and dialysis services to address a critical but often overlooked part of public health: identifying developmental difficulties in children early enough to make a difference.