Bonds
Singapore’s Long Debt Gets Boost From Steepest Curve Since 2022
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The steepest yield curve on Singapore’s bonds in about three years is signaling the time may be propitious for investors to buy long-dated debt at an auction this month.
A flight to safety following gyrations in US Treasuries in response to Donald Trump’s damaging tariffs, and a sharper decline in shorter debt relative to longer maturities will likely burnish the appeal of the local-currency bonds. The yield premium investors get for holding Singapore’s 30-year securities over its five-year debt is near the highest since March 2022.