The 6-month Singapore Treasury Invoice public sale reveals a cut-off yield of 3.13%. That is the third Tbill difficulty the place the charges have been decrease consecutively if my reminiscence serves me effectively nonetheless. I’ve this acquaintance. Over the past second difficulty, he would message me: “T-Payments dropped to three.34%, very low. May as effectively depart in OA.” Then, after the following one: “T-Payments dropped very low 3.13, nor price investing.” I take a look at issues like this, and I level to at least one large downside. However earlier than I discuss this downside, let’s discuss a yield of three.13% being low. I took this chart from my put up about Singapore Financial savings Bonds and it exhibits the development of the yield of the 6-month Treasury Payments. Possibly you attempt to replicate upon that 3.13% after this chart. Is that low? Or do you favor 0.49%? My acquaintance has his eye solely…
