With falling interest rates, have T-bills and savings bonds lost their allure?
Business
Yields on Treasury bills and Singapore Savings Bonds have dipped below 3 per cent. SINGAPORE: When the US Federal Reserve meets this week and again in December, the market overwhelmingly expects the central bank to cut interest rates. That likely means yields on low-risk investments such as Treasury bills (T-bills) and Singapore Savings Bonds will become even less attractive. These debt securities are low risk because they are backed by the Singapore government, but investors looking for higher
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