New month, same question: Should I rollover any older SSB issuances for the latest one? A key consideration is whether next month’s bond for Mar SSB will offer higher or lower yield. Only a few more days to decide, with applications for Feb SSB closing at 9pm on 26 Jan 2023.
Source: MAS
Singapore Government Securities (SGS) 10-year bond yields, of which Singapore Savings Bond (SSB) yields are based upon, have reversed back to the downside after hitting ~3.1% yield at the start of the year and is currently trending ~2.85%
Source: World Government Bonds
With the latest US CPI figure for Dec 2022 fell -0.1% MoM, with headline inflation coming in at 6.5% YoY, and meeting market expectations. Next FOMC meeting is coming up on 1 Feb 2023, with the market expecting almost unanimously that the Fed will slow rate hike to the standard 25 bps to 4.5-4.75%....