At SGMoneyMatters, we are dedicated to assisting you in making informed financial decisions, ensuring wise investments, and planning for your retirement with finesse. Here are the topics for this week: The surge of US long-term Treasury yield and its impact. TD Ameritrade pulls out of Singapore and its alternatives. Will and trust: Upcoming legacy planning workshop. Let’s dive in.

#1. US Long-Term Treasury Yield Hits New High

The 10-year US Treasury yield has surged to an impressive 4.8%, marking a 16-year high and reaching levels last witnessed in 2007. This surge aligns perfectly with my earlier prediction during our August webinar, where we discussed the rising trend in long-term yields. In parallel, the 10-year yield of the Singapore Savings Bond (SSB) has climbed to 3.32%, the highest in 2023. Let’s not to forget that T-Bills have regained a yield exceeding 4%, one week earlier. These developments create a...