March 15, 2021 | 12:01 am Font Size YIELD TRACKER BETS OF faster inflation in the near term as food costs continued to increase pushed yields on government securities (GS) to soar last week. GS yields, which move opposite to prices, went up across the board last week, increasing by an average of 29.99 basis points (bps) week on week, based on the PHP Bloomberg Valuation Service Reference Rates as of March 12 published on the Philippine Dealing Systemâs website. Yields on the 91-, 182- and 364-day Treasury bills rose by 15.63 bps, 14.63 bps, and 17.06 bps, respectively, to 1.2379%, 1.3413%, and 1.854% on Friday from their week-ago levels. At the belly, the rates of two-, three-, four-, five-, and seven-year Treasury bonds (T-bonds) jumped by 28.24 bps, 39.03 bps, 43.79 bps, 44.78 bps, and 39.66 bps, respectively, to 2.4674%, 2.8768%, 3.1865%, 3.4489%, and 3.8755%.