BusinessWorld June 7, 2021 | 12:02 am Yield Tracker YIELDS ON government securities (GS) mostly declined last week following the release of May inflation data, which showed that the average rise in prices was steady for a third straight month. Bond yields, which move opposite to prices, edged down by an average of 3.08 basis points (bps) week on week, based on data from the PHP Bloomberg Valuation Service Reference Rates as of June 4 published on the Philippine Dealing Systemâs website. A bond trader said yields mostly moved lower last week as inflation concerns eased. â[Last Fridayâs] data confirmed that view as CPI (consumer price index) may have seen its peak,â the trader said in a Viber message.