T-bill yields mixed ahead of BSP meeting despite US-Iran deal

MANILA, Philippines – Yields on short-term government securities ended mixed on Monday as investors weighed a tentative U.S.-Iran peace deal and a possible BSP rate hike this week. Auction results from the Bureau of the Treasury (BTr) showed that the government raised P89.6 billion out of its P90-billion program. Still, total demand reached P92.1 billion,