The best days may be over for world-beating Philippine bonds – Bloomberg

The best days may be over for world-beating Philippine bonds – Bloomberg

Photographer: Veejay Villafranca / Bloomberg

Photographer: Veejay Villafranca / Bloomberg

Philippine peso bonds have outperformed all other major emerging markets this year, but their heyday may be over.

Gains will be harder to come by in the coming months, after the central bank lowered its expectations of further interest rate cuts by saying it had entered a “careful break. At the…

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