The treasury may still reject the 20-year auction despite pessimism in the market.
The bond market will continue to demand for more premium amid upbeat US data, geopolitical tensions in the Middle East, and local inflation risks.
April 18, 2024Yields of government securities may continue to drift higher in the near-term with the absence of meaningful catalysts.
April 12, 2024Use a tactical approach in loading up on longer-tenor peso bonds, and bid in the upcoming auctions at more favorable levels.
April 2, 2024Despite the market shrugging off the news of fewer rate cuts this year, the path to lower yields in the medium-term will be choppy. We recommend investors to remain opportunistic buyers on selloffs.
March 27, 2024Given the expectations of lower interest rates in the medium- to long-term, we continue to recommend loading up on longer-dated bonds at current elevated yield levels.
March 20, 2024The market is likely to be supported by the incoming liquidity from the Retail Treasury Bonds (RTB) 3-11 and R5-12 maturities this week.
March 12, 2024Should you go for shorter-term bonds now that expectations of rate cuts are pretty strong? Our analysis shows that longer-term bonds are still better.
March 12, 2024Our overall long-term view is still for rates to head lower when the central bank starts monetary policy easing later this year.
March 7, 2024Our latest bond offering established several records, including the Philippines’ largest bond issuance not issued by the government.
February 29, 2024