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T-bill yield steady at 3.74%. Here’s why it has remained high

What happened? Many investors were eagerly awaiting the result of the first Singapore T-bill auction in 2024. The cut-off yield for the 6-month Singapore T-bill (BS24100F) was at 3.74%, little changed from the yield of 3.73% in the previous auction. This may come as a surprise to many, as US government bond yields have fallen […]

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