As T-bill, SSB yields fall, here’s where to invest for higher yields: analysts

[SINGAPORE] Yields are steadily declining, which is bad news for investors looking for a safe corner to park their cash.

The latest six-month Treasury bill (T-bill) cut-off yield fell to 2.38 per cent, based on auction results on Apr 24 – the lowest level that cut-off yields of six-month T-bills have fallen to in the year to date.

As for May’s Singapore Savings Bond (SSB) offering, it recorded a 10-year average return of 2.69 per cent. That’s down from April’s 2.85 per cent, March’s 2.97 per cent, February’s 2.82 per cent and January’s 2.86 per cent.