HALISTER1: Singapore 10-Year Bonds Fall for First Time in Four Days

Singapore 10-Year Bonds Fall for First Time in Four Days

(Bloomberg) -- Yield on Singapore’s 10-year govt bonds rises 6 bps to 1.75%, set to snap three days of decline; 5-year yield gains 3 bps to 1.30%.
  • Light selling by fund managers was seen today after hawkish comments by Fed’s Dudley, according to an Asia-based trader
  • 2.125% June 2026 bond is most actively traded, with volume of SGD60m as of 11:39am local time
  • SGD 5-year interest-rate swaps climb 4.5 bps to 1.6500%, snapping six-day falling streak
  • NOTE: Singapore’s exports plunged the most in four months as orders from China, Indonesia and the U.S. dropped
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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