Emerging markets: Thailand and Indonesia bond yields rise to multi-month highs but Philippine shares drop

SINGAPORE, Feb 22 (Reuters): Most Asian bond yields flitted higher on Monday, tracking a spike in US 10-year Treasury yields on expectations that massive government stimulus would lead to higher economic growth and inflation.

Regional equities were largely weak, with the Philippines market slipping the most as a jump in Covid-19 casualties raised the possibility that partial lockdown measures in the capital of Manila could be extended.