The Philippines' 10-year government bond yield rose to 8.33%, its highest since May 2010, up 31.5 basis points over four weeks. Markets are pricing in further monetary tightening as inflation is expected to accelerate to a median 7.6% in October.
Rising fiscal borrowing needs and elevated oil prices are adding to yield pressure.
Higher domestic rates and tighter credit raise financing costs for Philippine feed mills and livestock farms. Inflation expectations also point to higher costs for fuel, electricity and transport.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.