(Bloomberg) -- Taiwan's 10-year bonds fell, sending
the benchmark yield to the highest since November 2004, after a
local newspaper said the central bank may raise interest rates
before its regular quarterly meeting. The currency gained.
Inflationary pressures may prompt the central bank to step
up the pace of increasing rates, the Chinese-language Economic
Daily News reported today, without citing anyone. The central
bank on July 19 said on its Web site its board ``can hold
extraordinary meetings at any time to cope with special
conditions.''
Read more at Bloomberg Bonds News
the benchmark yield to the highest since November 2004, after a
local newspaper said the central bank may raise interest rates
before its regular quarterly meeting. The currency gained.
Inflationary pressures may prompt the central bank to step
up the pace of increasing rates, the Chinese-language Economic
Daily News reported today, without citing anyone. The central
bank on July 19 said on its Web site its board ``can hold
extraordinary meetings at any time to cope with special
conditions.''
Read more at Bloomberg Bonds News
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