Investment Ideas: October 18, 2024 

Here is our report for today, October 18, 2024, with some insights into various investment opportunities.

Here are some key highlights:

• Bond Market Overview: We recommend investing in the belly of the yield curve, particularly through a US Treasury bond ETF with a 3-7 year duration. This strategy is based on the expectation of further rate cuts and the historical performance of this segment following initial US Fed rate reductions.
• Stock Recommendations: We provide insights on three major Philippine stocks, including an overweight recommendation for a telecommunications company benefiting from its fintech subsidiary, a neutral stance on a leading bank with strong consumer segment exposure, and an underweight position on a beverage company facing challenges in market share.
• UITF Spotlight: