What happened? The cut-off yield for the latest Singapore 6-month T-bill auction (BS23105W) on 16 March 2023 fell to 3.65% p.a. This led to disappointment amongst some investors, some of whom were expecting the yield could potentially rise above 4.0% p.a. Let’s take a look and find out what led to such a sharp decline […]

source: https://thefinance.sg/2023/03/16/t-bill-yield-sink-to-3-65-p-a-what-caused-the-sharp-decline/