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1-year T-bill yield rebounds to 3.58%. Why the bounce?

What happened? Like many others, I was eagerly anticipating the result of the 1-year Singapore T-bill auction today. I was glad to see that the cut-off yield on the 1-year T-bill (BY24101X) rose to 3.58% in the latest auction on 18 April 2024.  The higher cut-off yield may not come as a surprise to some […]

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