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Returns on Treasury notes have also increased since the beginning of the year, rising to an average of 12.0% for all three tenors in the most recent auction.
Yields on 10-year Treasury notes stood at 3.812 percent, having hit a five-month low overnight.
Source: https://business.inquirer.net/438736/asia-shares-at-five-month-highs-as-rate-bets-pile-up