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T-bill yield falls and stocks decline: Weekly Recap
By Beansprout  •  September 7, 2024
The T-bill yield fell further while stocks declined on growth concerns. The highlight for me this week was learning that Beansprout was nominated as #TheGoTo for enhancing financial education at the SGX Orb Awards 2024. While we didn’t take home the award this time, the overwhelming support from our community truly meant the world to us. A big thank you to everyone who supported or voted for our team—it’s motivating us to work even harder to bring you practical insights that help grow your wealth. It wrapped up a busy week, where we were focused on finding the best ways to earn a higher yield on our savings, especially after the T-bill yield took a dive to 3.13% in the last auction. With government bond yields continuing to fall, it’s likely we’ll see a lower cut-off yield at the upcoming 6-month T-bill auction on 12 September. The 10-year average yield of the latest Singapore Savings Bonds also dipped to 2.77%....
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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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