In my weekend article, I estimated a yield of 3.70% – 3.80% for the upcoming 6-month T-Bills auction. Well, the auction results are out at 3.70% cut off yield, right on the bottom of my projected range. To be fair though, latest US economic data came in slower than expected, raising market hopes for 2 interest rate cuts in […]

source: https://thefinance.sg/2024/05/09/6-month-t-bills-yields-drop-to-3-70-demand-for-t-bills-jumps-to-record-highs-9-may-2024-auction-results/