Free Trial

UOB On Singapore Auction

SINGAPORE

"Monday's auction size sits within the range for reopened 10-year note sales in the past two years thus shouldn't pose a problem for the market to absorb. The 10-year region of the yield curve has significantly cheapened relative to 2- and 30-year tenors since the start of the year .Should U.S. Treasury yields continue to rise, the scales are still tilted in favor of mild Singapore bond outperformance."

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.