BusinessWorld February 15, 2021 | 12:01 am YIELD TRACKER YIELDS ON government securities (GS) went up last week as inflation continued to pick up to reach a two-year high in January. GS yields, which move opposite to prices, rose by a week-on-week average of 6.13 basis points (bps), based on the BVAL Reference Rates published on the Philippine Dealing Systemâs website as of Feb. 11. Financial markets were closed on Friday in observance of Chinese New Year. Yields on benchmark tenors increased on Thursday from their Feb. 5 finish, except for those on the 91- and 182-day Treasury bills (T-bills), which declined by 6.64 bps and 5.55 bps, respectively, to 0.9744% and 1.1489%.