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10-year SGS yield falls below 2%
Published Tue, Jan 13, 2015 · 09:50 PM
Singapore
THE yield on the 10-year Singapore Government Securities (SGS) has plunged below 2 per cent as it tracks the southbound 10-year US Treasury (UST) yield on growing speculation that interest rate hikes will be delayed.
SGS investors have been doing well. As the 10-year SGS yield on Tuesday fell to 1.99 per cent from Monday's 2.09 per cent, the price rose 0.8 per cent to 108.79. Bond prices rise…
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