Rates & Bonds

As the holiday calm gives way to new fiscal realities, the local bond market is recalibrating a significant rise in the government’s quarterly bond issuance plan.

Local bond market checks to secure its footing amid a seasonal taper in liquidity and shifting central bank signals.

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.

The Peso Government Securities (GS) curve steepened further as investors favored the belly amid lighter supply and improving global sentiment.

A volatile week for Peso GS underscored how quickly sentiment can shift when global pressures collide with local political uncertainty.

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.

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.

Some clients may not have the time for research and analysis when looking for the right addition to their bond portfolios. We focus on T-Mobile as an option.