- Best fixed deposit rates in Singapore today (April 2024)
- Will interest rates go up or down in 2024 (short term and long term rates)?
- Where to park cash today for the highest yield / liquidity – T-Bills, Fixed Deposit, Singapore Savings Bonds and High Yield Savings Accounts etc.
Short term interest rates have been very interesting of late.
If you recall – in Jan the market was pricing in 6 interest rate cuts in 2024.
After this week’s US inflation data however, the market is now only pricing in 2 interest rate cuts in 2024.
This has led to a sharp increase in long term interest rates – Singapore 10 year yields have gone from 2.6% in Jan to almost 3.4% today.
Despite all that, bank fixed deposit interest rates keep dropping.
While stocks / REITs have been shrugging off the higher interest rates – on anticipation of interest rate cuts in 2H 2024.
3 things I wanted to discuss today: