Bond yields have increased significantly the past few months as central banks all over the world are raising interest rates. Banks are now offering fixed deposit rates at more than 2% again and another attractive investment which people see are bonds where the yield has increased significantly. The SGS bonds, which are issued by the Singapore government has yields of close to 3% for its 2, 5, 10, 20 and 30 years bond. This is 3x more than then average of 1% just 1 year ago.  Looking at the chart below of a 5 and 10 year SGS bond, we can see that the yield has increased significantly from 2020 to now which corresponds to the increase in interest rates around the world. Is this a good time to invest into bonds now? 

5 and 10 year SGS Bond Yield 2019-2022

Unfortunately, bonds can be the worse to invest during rising...