(Bloomberg) -- Taiwan's bonds fell, sending the
benchmark 10-year yield to the highest since November 2004,
after a local newspaper reported the central bank predicts
inflation to accelerate. The currency weakened.
The monetary authority forecasts inflation may quicken to
more than 2 percent in the second half of the year, compared
with 0.61 percent in the first six months, the Taipei-based
Commercial Times said today. The increase will be due to rising
commodity prices, the newspaper said, citing Crystal Shih, chief
economist at the Central Bank of the Republic of China (Taiwan)
in Taipei.
Read more at Bloomberg Bonds News
benchmark 10-year yield to the highest since November 2004,
after a local newspaper reported the central bank predicts
inflation to accelerate. The currency weakened.
The monetary authority forecasts inflation may quicken to
more than 2 percent in the second half of the year, compared
with 0.61 percent in the first six months, the Taipei-based
Commercial Times said today. The increase will be due to rising
commodity prices, the newspaper said, citing Crystal Shih, chief
economist at the Central Bank of the Republic of China (Taiwan)
in Taipei.
Read more at Bloomberg Bonds News
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