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HomeBusinessWeekly recap: T-bill yield regular however SSB rates of interest fall Receive...

Weekly recap: T-bill yield regular however SSB rates of interest fall Receive US

Blissful new yr! 

We began 2024 by testing the most recent mounted deposit charges, which indicated that most banks maintained or lowered their interest rates in January. This may increasingly not come as an excessive amount of of a shock, as bond yields have been falling in latest months.  Likewise, the latest Singapore Savings Bond (SSB) offers a lower interest rate in comparison with the earlier issuance.  Fortunately, the cut-off yield on the latest 6-month Singapore T-bill has remained steady at 3.74%.  We’d be looking carefully for the upcoming US inflation information this week to find out if we would actually see an rate of interest lower by the US Federal Reserve quickly.  Supply: Bloomberg. Value as of market shut on 5 Janaury 2024

🤔 WHAT’S THE FED’S NEXT RATE MOVE?

What occurred? 

Minutes from the Federal Reserve’s December assembly recommend that circumstances would possibly warrant maintaining the rate of interest on the present degree longer…


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