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Will the T-bill yield fall further as Fed signals rate cuts?

What happened? The last 6-month Singapore T-bill auction of 2023 will be held on 20 December. In the previous 6-month Singapore T-bill auction on 7 December, the cut-off yield fell to 3.74%. More recently, the Fed had indicated that there may be three interest rate cuts in 2024. Hence, many investors have asked if we […]

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