What happened? Many investors were eagerly awaiting the result of the first Singapore T-bill auction in 2024. The cut-off yield for the 6-month Singapore T-bill (BS24100F) was at 3.74%, little changed from the yield of 3.73% in the previous auction. This may come as a surprise to many, as US government bond yields have fallen […]

source: https://thefinance.sg/2024/01/04/t-bill-yield-steady-at-3-74-heres-why-it-has-remained-high/