What happened? Many investors were surprised by the result of the latest Singapore T-bill auction. The cut-off yield for the 6-month Singapore T-bill (BS24102S) fell sharply to 3.54% from 3.70% in the previous auction. This follows the decline in yield in the recent 1-year Singapore T-bill auction, which offered a cut-off yield of 3.45%. Source: […]

source: https://thefinance.sg/2024/02/01/t-bill-yield-falls-sharply-to-3-54-whats-driving-the-decline/