What happened?
Some investors appear happy with the latest Singapore T-bill auction result. The cut-off yield for the 6-month Singapore T-bill auction on 20 June (BS24112W) was at 3.74% , little changed from the previous auction. This led some members in the Beansprout community to comment that it’s better than expected. After all, we have seen US government bond yields falling in recent weeks. In this post, I will look at why the cut-off yield for the Singapore T-bill has remained stable. Source: MASDon't miss out on the next T-bill
