A dovish Fed lift was swiftly undone, as hawkish BSP guidance pushed local yields decisively higher.
A stellar final auction of the year sparked a rally in Peso Government Securities (GS), reversing early-week caution.
December 9, 2025
The Peso Government Securities (GS) curve steepened further as investors favored the belly amid lighter supply and improving global sentiment.
December 1, 2025
A volatile week for Peso GS underscored how quickly sentiment can shift when global pressures collide with local political uncertainty.
November 24, 2025
Investor optimism over potential BSP easing kept the rally alive, but profit-taking capped further gains as local yields hit fresh year-to-date lows.
November 17, 2025
Peso Government Securities rallied to fresh year-to-date lows after a disappointing Q3 GDP print reinforced expectations of further monetary easing before the year-end.
November 10, 2025
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November 7, 2025
A wild swing in USD/PHP reignited tactical buying in Peso Government Securities (GS), but caution prevails ahead of key supply and inflation data.
November 3, 2025
With global volatility rising, local government bonds remain anchored by stable fundamentals.
October 27, 2025
Peso Government Securities (GS) continue to find solid demand as dovish policy signals, and limited supply keeps yields anchored despite bouts of profit-taking.
October 20, 2025