Advertisement: Click here to learn how to Generate Art From Text
The following are some of the ways to get in touch with each other: The latest auction saw the cut-off yield drop to 3.45% The previous auction saw a 3.7% increase.
This is similar to the recent Singapore 6-month T-bills auction where a surge of demand led to lower yields.
The best fixed deposit rates from banks have also declined, with the Best 12-month Fixed Deposit Rate Now Only at 3.3%
Find out what this could mean for you Auction of 6-month T-bills to be held on 1 February.
Source: Bloomberg. Price as of 19 Jan 2024, market close.
🔎 WHAT’S THE FED’S NEXT STEP?
Investors have lowered their expectations for interest rate reductions ahead of the Federal Reserve’s first meeting of the year, on 30-31-January.
According to the CME Fedwatch Tool investors expect the Fed to maintain interest rates at the next meeting ….