The primary half of the 12 months has passed by within the blink of an eye fixed. Whereas many had began the 12 months hopeful of rate of interest cuts, the shock this 12 months is that we’ve got but to see any come via thus far. Taking a look at my funding portfolio, the S&P 500 ETF and gold have carried out nicely, whereas the Singapore REITs have languished as rates of interest keep elevated. I used to be in a position to roll over my T-bills at yields which can be near what I acquired 6 months in the past. The SSB allotment has additionally remained pretty excessive regardless of a bounce in SSB returns. The excellent news for T-bill traders is that the closing yield for the 6-month T-bill is at 3.72%, which can imply the cut-off yield could maintain regular on the upcoming public sale on 4th July. Because the yield on money administration accounts has stayed excessive, we share how one can…
