The 1-year T-bill yield climbed and stocks fell as tensions in the Middle East escalated.
It seems that many investors are seeking refuge in safe assets once again.
Most of the questions and discussion I observed in the Beansprout community this week revolved around lower-risk assets such as gold or T-bills.
After all, concerns of rising geopolitical uncertainty and persistent inflation are coming back.
Not surprisingly, the cut-off yield of the 1-year Singapore T-bill rebounded to 3.58% in the latest auction this week despite the fall in fixed deposit rates.
With rising government bond yields, we find out what this may mean for the upcoming 6-month Singapore T-bill auction on 25 April.
On the other hand, the potential delay in interest rates cuts has led to dampened sentiment on Singapore REITs, with many REITs falling to 1-year lows.
With Keppel DC REIT reporting a further decline in its dividends in its latest operational...