Also, yields fell, tracking the fall in oil prices and US Treasury yields because of easing concerns over the Middle East conflict,” the trader said. Oil prices dropped on Monday on signs that US-Iran tensions were easing again, Reuters reported. The 30-year bond yield fell 4.76 bps to 5.2274% after peaking at 5.2811% on Friday, the highest since 2007. Renewed hostilities between the US and Iran last month pushed up both global and local oil prices, threatening the Philippines’ inflation outlook. The BTr plans to raise P330 billion from the domestic market this month, or P200 billion through Treasury bills and P130 billion via T-bonds.