The Fed has decided to hold the interest rates steady for now but hints that rates would be cut if the trade wars continue to affect the economic growth. This resulted in the market to rally. The interest rates for July’s SSB has also improved slightly compared to the previous issue but is likely to remain flat in the near term.
I will probably be moving some of my warchest cash holding into SSBs as I do not expect to deploy them anytime soon.
Other Issues of SSBs Compared to Jul 2019 Issue
Jul 2019 Issue Details on this month SSB can be found on SGS website.