source: https://thefinance.sg/2024/07/04/6-month-t-bills-yields-drop-to-3-70-demand-for-t-bills-rise-slightly-4-july-2024-auction-results/
In my weekend article, I estimated a yield of 3.70% – 3.80% for the upcoming 6-month T-Bills auction. The auction results are out at 3.70% cut off yield, at the bottom end of my projected range. But look under the surface and it doesn’t look great – demand continues to go up, while bidding data indicates lowball bids being […]