Unless you’ve been living under a rock this week.
You’ve probably heard that Trump has won the US elections.
This has led to a sharp repricing in interest rates across the curve, namely:
- Short term interest rates have gone up
- Much less interest rate cuts priced in over the next 12 months
This has pretty big implications on where you want to park your cash (and how to invest generally).
3 questions I wanted to discuss today:
- Top Fixed Deposit Rates in Singapore (Nov 2024)
- How has the Trump win impacted interest rates across the curve?
- Where would I put my cash today?
Top Fixed Deposit Rates in Singapore offer 3.20% yield (Nov 2024)
The full table is further below in the article, but I’ve summarised the best interest rates for the 3, 6 and 12 month tenures below.
The 3 and 12 months rates are generally more attractive than the 6 months tenure (for now), which is why I’ve been saying you either want to go ultra short duration or go...
