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Rates & Bonds
Peso GS Trade Ideas: Watch target levels, seize opportunities
Because local inflation may well be within reach by the end of 2023, and the central bank may cut rates as early as December, Metrobank analyst Patty Membrebe is still keen on longer-term peso bonds.
July 14, 2023
By Metrobank
By Metrobank
(Editor’s Note: This outlook is subject to updates as needed.)
Patty Membrebe, Metrobank analyst for the Financial Markets Sector, recommends taking advantage of elevated long-term yields as peso bonds trade at new year-to-date highs.