I was surprised by the sharp plunge in the T-bill yield this week.  While I expected the downward trend to continue, the cut-off yield for the 6-month Singapore T-bill took a significant dive to 3.4% in the latest auction.  This drop aligns with the global fall in bond yields as fears of an economic slowdown grow. […]

source: https://thefinance.sg/2024/08/03/t-bill-yield-dives-and-stocks-fall-on-recession-worries-weekly-recap/