T-bill yield falls to 3.7%. Here’s why the yield is lower
By Beansprout  •  May 9, 2024
The cut-off yield on the latest 6-month Singapore T-bill auction on 9 May fell to 3.7%. What happened? There was much discussion about the latest Singapore T-bill auction in the Beansprout community today. The cut-off yield for the 6-month Singapore T-bill auction (BS24109A) on 9 May was at 3.7%, a slight decline from 3.74% in the previous auction. This would mark the third consecutive decline in the cut-off yield on the 6-month T-bill, after it reached a recent high of 3.8% on 27 March. Many investors were interested to find out why the yield on the T-bill has fallen, even as the US Federal Reserve has kept interest rates unchanged in its latest meeting. Let us find out why the yield on the Singapore T-bill has declined in the latest auction. Source: MAS What we learnt from the latest 6-month Singapore T-bill auction #1 - Demand for Singapore T-bill reached a new record high...
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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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