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Given below are news about the events in the Philippine financial system. Your task is to interpret each story 1. The Philippines once again received

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Given below are news about the events in the Philippine financial system. Your task is to interpret each story 1. The Philippines once again received a credit rating upgrade from Moody's. Its bond yields went down. Interpretation: 2. The Duterte administration starts to push through with its infrastructure projects. The government decides to hype borrowings. Government bond yields went up by 50 bps. Interpretation

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