The yield on Philippines 10Y Bond Yield eased to 6.55% on April 10, 2026, marking a 0.06 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.06 points, though it remains 0.40 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity.

Historically, the Philippines 10-Year Government Bond Yield reached an all time high of 20.75 in October of 2000. Philippines 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on April 10 of 2026.

The Philippines 10-Year Government Bond Yield is expected to trade at 6.73 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6.53 in 12 months time.



Bonds Yield Day Month Year Date
Philippines 10Y 6.55 -0.061% -0.062% 0.395% Apr/10



Related Last Previous Unit Reference
Philippines Inflation Rate 4.10 2.40 percent Mar 2026
Philippines Interest Rate 4.25 4.25 percent Apr 2026
Philippines Unemployment Rate 5.10 5.80 percent Feb 2026

Philippines 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
6.55 6.61 20.75 2.57 2000 - 2026 percent Daily

News Stream
Philippine 10Y Yield Eases From 2-Year High
The Philippines’ 10-year government bond yield fell to below 6.9%, easing from a nearly two-year high after the central bank’s move to hold rates at its off-cycle meeting signaled a more cautious stance toward further tightening. National Treasurer Sharon Almanza said the move could help stabilize the bond market following recent weak auctions amid sharply higher yields. The pressure stemmed from rising inflation, fueled by a spike in oil prices from the Iran war, prompting the central bank to lift its 2026 inflation forecast to around 5.1%. Despite inflation risks breaching the 4% ceiling in the near-term, the BSP kept its policy rate steady at 4.25%, opting to assess the lagged impact of previous 225 bps of easing. Governor Eli Remolona noted growth is expected to remain weak, warning that further tightening could delay recovery. Still, policymakers signaled that upcoming March CPI data will be key to determining whether rate hikes could resume as early as April.
2026-03-27
Philippine 10Y Yield Climbs to Over 1-½ Year High
The Philippines’ 10-year government bond yield climbed to around 6.73%, reaching its highest level since June 2024, after the central bank signaled that monetary policy may need to tighten. Finance Secretary Frederick Go noted that a prolonged fuel crunch, driven by surging oil prices amid the Iran conflict, could push up inflation and derail the economy. This followed BSP Governor Eli Remolona Jr., who warned that oil prices reaching $100 per barrel could prompt policy tightening if inflation breaches the central bank’s target range. The country experienced another round of substantial fuel price hikes this week, with power costs expected to rise by 16% in April, adding to already rising inflation. Headline inflation accelerated to 2.4% in February, the fastest pace in over a year. A rate hike would mark a sharp reversal for the central bank, which had cut borrowing costs by 25 basis points in February to support economic recovery.
2026-03-17
Philippines 10Y Bond Yield Hits 20-month High
Philippines 10 Year Government Bond Yield increased to 6.73%, the highest since June 2024. Over the past 4 weeks, Philippines 10Y Bond Yield gained 83.70 basis points, and in the last 12 months, it increased 53.20 basis points.
2026-03-17