What happened? The results of the latest T-bill auction were announced today. The cut-off yield for the latest 1-year Singapore T-bill (BY24102W) fell to 3.38%, sharply lower compared to the yield of 3.58% in the previous auction. This led to many questions in the Beansprout community about what is driving the decline in the T-bill yield.  […]

source: https://thefinance.sg/2024/07/25/1-year-t-bill-yield-falls-to-3-38-heres-what-is-driving-the-decline/