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T-bill yield bounces to 3.95%. What’s driving the increase?

What happened? Many investors were happy to see that the cut-off yield on the latest 6-month Singapore T-bill auction (BS23121E) rose to 3.95%. The bounce in the cut-off yield is undoubtedly a relief for T-bill investors, after the cut-off yield fell to 3.87% in the previous auction. The cut-off yield in the recent 1-year T-bill […]

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