HALISTER1: Singapore Interest-Rate Swap Curve Nears Flattest in 7 Years

Singapore Interest-Rate Swap Curve Nears Flattest in 7 Years

(Bloomberg) -- Spread between 2-year and 10-year swaps narrows for second day to 70.5 bps, approaching 68 bps, which was last seen in March 2009; see chart here.
  • SGD 2-year swaps up 1 bp to 1.9365%
  • SGD 10-year swaps down 2 bps to 2.6425%
  • NOTE: Singapore GDP grew more than earlier estimated
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

To de-activate this alert, click here

UUID: 7947283