The closing yield on the 6-month Singapore T-bill was at 1.36% on 22 January 2026. What happened? The next 6-month Singapore T-bill auction (BS26102F) will be coming up on 29 January 2026. In the most recent auction on 15 January, the cut-off yield for the 6-month Singapore T-bill fell to 1.39% from a recent high of 1.60% in the auction on 31 December 2025. We also saw applications for the 6-month Singapore T-bill reach a record high. With elevated demand for the T-bill , I’ll look at some of the latest indicators to help us understand what the upcoming cut-off yield might be, and if it will still be worthwhile applying for T-bills as a way to generate passive income. Here's what to expect for the Singapore T-bill auction on 29 January #1 – US 10-year government bond yields rose slightly The 10-year US government bond yield rose to 4.25% as of 23 January 2026, from the yield of 4.17% from two weeks ago. This is likely driven by renewed concerns on US debt levels, following an...