What a week! Over the past week or so, we’ve seen: 3 US Banks fail. The Feds rush in to bail out depositors at 2 US banks. The market price in interest rate cuts as early as June 2023. And last night, we had a potential run on a Global Systemically Important Bank in Credit […]

source: https://thefinance.sg/2023/03/16/t-bills-plunge-to-3-65-yield-is-a-banking-crisis-here-buy-fixed-deposit-instead-of-t-bills-now-16-march-2023-auction-results/