T-bonds fetch higher rates on inflation bets

THE GOVERNMENT fully awarded the reissued Treasury bonds (T-bonds) it offered on Tuesday even as yields rose, with investors swamping the offer as expectations of faster May inflation bolstered tightening bets. The Bureau of the Treasury (BTr) borrowed P30 billion as planned via the reissued 20-year bonds as bids reached P58.123 billion or nearly twice […]