ドイツ 15年・20年・30年国債オークション

イギリス S&amp;P グローバル総合 PMI 最終値

イギリス S&amp;P グローバル サービス PMI 最終版

ユーロ圏 消費者物価指数（CPI）<速報>

The Philippines’ 10-year government bond yield climbed to 8.33%, reaching its highest level since May 2010, marking a 31.5 bps gain over the past four weeks. The advance reflects mounting inflation concerns and expectations of further monetary tightening, after BSP Governor Eli Remolona recently noted that the central bank remains in a tightening cycle, with inflation expected to peak only in the coming months. Economists forecast annual inflation to accelerate to a median 7.6% in October from 7.2% in September, driven by higher fuel costs, electricity rates, transport fares and peso depreciation. Elevated global oil prices and potential El Niño-related supply disruptions have added to inflation risks. Meanwhile, the government's record ?19.66 trillion debt stock has heightened fiscal concerns, with rising borrowing needs and debt-servicing costs adding to upward pressure on yields.

Philippines 10-Year Yield Hits Highest Since 2010

The S&P Global France Services PMI fell to 46.2 in October 2026, revising lower from the preliminary estimate of 48.4 and slipping from 51.2 in the previous month. This marked the steepest contraction since May, primarily driven by subdued demand, tighter financial conditions and cautious client behavior. New business declined at its fastest pace in five months, largely reflecting weaker domestic demand, while export orders edged higher. Employment also fell, extending the current period of job losses to six months, as firms cited restructuring, retirements and the expiration of fixed-term contracts. On the price front, cost pressures remained elevated across the services sector, driven by higher fuel prices, supplier fees and wages. Service providers responded by raising selling prices in an effort to pass on increased costs to clients. Lastly, French service providers turned pessimistic about the 12-month outlook for the first time since April 2020.

France Services Activity Revised Lower

France’s 10-year OAT yield fell towards 4.9%, tracking a decline in US Treasury yields following the Democratic sweep in the US midterm elections. A Democratic takeover of the House is seen as reducing the likelihood of further deficit-expanding legislation under the Trump administration, easing concerns over US government borrowing. However, persistent concerns over France’s own fiscal outlook continued to weigh on domestic bonds. Meanwhile, increasingly hawkish rhetoric from European Central Bank policymakers reinforced expectations of a tighter monetary policy outlook. Despite last week’s decision to leave interest rates unchanged, ECB officials signaled that further rate hikes may be necessary to contain inflationary pressures and prevent them from spilling over into wages.

French Bond Yields Decline

The S&P Global Italy Services PMI rose to 52.0 in October 2026 from a three-month low of 51.7 in the previous month, beating market forecasts of 51.5. This marked the fifth consecutive month of expansion and a return to its long-run trend. Activity was supported by stronger new business inflows, particularly from the domestic market, as new contracts and customer wins lifted order books. However, export sales growth moderated to a fractional pace. Employment increased at a slightly faster rate as backlogs of work rose for the first time in seven months, encouraging further recruitment, although job creation remained marginal. On the price front, input cost inflation surged to its highest level in almost four years, largely reflecting energy-related pressures linked to the Middle East conflict. Output price inflation also accelerated as firms faced mounting cost pressures. Meanwhile, business confidence strengthened to its highest level since November 2025.

話題の銘柄と投資戦略を提供します

タイムリーなニュースや経済イベント＆アイデアで、賢く投資を。

最新ニュース

Philippines 10-Year Yield Hits Highest Since 2010

France Services Activity Revised Lower

French Bond Yields Decline

Italy Services Activity Picks Up in October

近日の事件

ドイツ 15年・20年・30年国債オークション

イギリス S&P グローバル総合 PMI 最終値

イギリス S&P グローバルサービス PMI 最終版

ユーロ圏消費者物価指数（CPI）<速報>

話題の銘柄と投資戦略を提供します

タイムリーなニュースや経済イベント＆アイデアで、賢く投資を。

最新ニュース

Philippines 10-Year Yield Hits Highest Since 2010

France Services Activity Revised Lower

French Bond Yields Decline

Italy Services Activity Picks Up in October

近日の事件

ドイツ 15年・20年・30年国債オークション

イギリス S&amp;P グローバル総合 PMI 最終値

イギリス S&amp;P グローバル サービス PMI 最終版

ユーロ圏 消費者物価指数（CPI）<速報>

イギリス S&P グローバル総合 PMI 最終値

イギリス S&P グローバルサービス PMI 最終版

ユーロ圏消費者物価指数（CPI）<速報>