Read? Issuing limits raised for Singapore government securities and treasury bills
Read? CPF members added $1.6b to retirement funds from January to October, up from a year ago
THE issuing limits for government securities and treasury bills have been raised to meet Central Provident Fund (CPF) needs and cater to growing investor demand, with Parliament having voted to authorise this on Tuesday.
Special Singapore Government Securities (SSGS) are non-tradable bonds issued primarily to meet the investment needs of the CPF; Singapore Savings Bonds are issued to provide a long-term savings option for individual investors.
Hmm .. investment needs of the CPF???
To pay interests? Right?
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Thanks to CPF top ups & bigger salaries, lol!
ReplyDeleteAlso increasing demand for money market funds.
Those with big mortgages should be praying the Democrats don't win the 2nd Georgia senate seat in the next few hours. They already won the 1st seat.
ReplyDelete10-year yields above 1% for the first time since Covid struck.
Investors have already started to dust off reflation trades in anticipation of a so-called ‘Blue Sweep.’
U.S. 10-year breakevens, a market gauge of inflation expectations over the next decade, climbed above 2% for the first time since 2018, having gained in each of the last three months.
“I can see 10-year Treasury yields rising to 1.5% to 2% in short order if more and more uncertainty gets behind us,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd in Singapore.
Bull continues to charge ahead?
DeleteReflation indicates stronger economy. Hence generally good for stocks as people hope / price in bigger earnings.
DeleteIf total democrat control of US govt, ppl are pricing in another $1 or $2 trillion of stimulus in the near future.