Vietnam Bonds Drop on Expectations Inflation Will Accelerate
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Vietnamese two-year government bonds fell, pushing yields to a ten-month high, on speculation prices will rise this month. The dong declined.
Consumer prices may rise 2.2 percent in March from February, Deputy Prime Minister Nguyen Sinh Hung said March 21. Inflation accelerated to 12.3 percent in February from a year earlier. The central bank raised borrowing costs for the third time in as many weeks on March 8.