Singapore bonds' real yields seen drawing buyers after sell-off
Republic now offers the highest real yields among top-rated countries
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THE underperformance of Singapore-dollar bonds is making way for buyers to return as the nation now offers the highest real yields among top-rated countries.
Singapore's bonds were sold off in mid-February after the government announced plans to sell additional debt to finance infrastructure projects in the city state.
The nation's inflation-adjusted 10-year yield now offers a 62 basis points upside, compared to negative spreads for most other AAA-rated countries.
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