MANILA, Philippines – Yields on short-dated local government debt rose for the first time after seven straight weeks of decline, as investors exercised caution ahead of the February inflation data and the unfolding US-Israel conflict with Iran that may disrupt global markets. Auction results on Monday showed that the Bureau of the Treasury (BTr) raised P27 billion via Treasury bills (T-bills) as planned, with total tenders reaching P76.55 billion. This marked a change from recent weeks since the start of January, when the BTr consistently raised more than planned, typically around P37.8 billion. READ: live-us-israel-strikes-on-iran-and-middle-east-crisis-updates/ The rise in rates, according […]... Keep on reading: T-bill yields climb after 7-week slide