BTr rejects all bids for T-bonds as market asks for higher yields

WIRE — THE GOVERNMENT rejected all bids for the reissued Treasury bonds (T-bonds) it offered on Tuesday amid weak demand and as players asked for higher yields due to lingering geopolitical concerns. The Bureau of the Treasury (BTr) did not award the reissued 10-year bonds it auctioned off as total demand reached just P18.057 billion, below the

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