In my weekend article, I estimated a range of 3.35% – 3.50% on the 6-month T-Bills. The final cut-off yield is out at 3.34% – right below the lower end of my range. Auction bidding data shows a: Drop in demand for T-Bills Less low-ball bids And yet yields continue to slide. Is this driven by fundamentals (market expectations over […]

source: https://thefinance.sg/2024/08/15/6-month-t-bills-yields-drop-further-to-3-34-demand-for-t-bills-falls-but-yields-continue-to-slide-15-august-2024-auction-results/