The surprise this week was a sharp decline in the yield on the 1-year Singapore T-bill.  The cut-off yield fell to 3.45% in the latest auction from 3.7% in the previous auction. This mirrors what we have seen in the recent 6-month Singapore T-bill auction, where a surge in demand also led to lower yields.  […]

source: https://thefinance.sg/2024/01/27/weekly-recap-fixed-deposit-rates-and-t-bill-yields-are-falling/