From fear to FOMO
By Beansprout  •  January 28, 2023
Tesla soars, REITs bounce & T-bill yields fall There’s one thing that’s clear from this week’s Treasury Bill (T-bill) auctions – interest rates are coming down. The 1-year T-bill auction ended with a cut-off yield of 3.87% p.a., below the best fixed deposit rates in the market. The cut-off yield on the 10-year SGS bond auction was at 2.86% p.a., below the 10-year average yield on the latest Singapore Savings Bonds (SSBs) Interestingly, there were less applications for the SSBs than the issuance size of $700 million. This marked a sharp reversal from a few months ago, when many were concerned about not getting sufficient allocation. On the other hand, REITs had a big bounce with the bond yields starting to come down. In this week feature, we analyse whether it might be time to re-look at REITs once again. Source: Bloomberg. Price as of market close on 27 Jan 🦸‍♂️ Elon Musk saves the day 

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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.

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