Inflation still seems to be at the back of many of our minds.
My ex-colleague shared that the Old Chang Kee at Suntec City was closing down, and reminisced that it was one of our favourite tea break spots in the past. This led another friend to chime in that with many things becoming more expensive, it’s not surprising that there also appears to be fewer tourists compared to earlier this year. Hence, the moderation in US inflation after it has stayed persistently high may provide some relief. With bond yields coming down, we share what this may mean for the upcoming 6-month Singapore T-bill auction on 20 June. We also take a deep dive into Keppel Infrastructure Trust to find out if its infrastructure assets can offer a good dividend yield that can outpace inflation. Gerald, Founder of Beansprout
