What happened?
The next 6-month Singapore T-bill auction (BS26122V) will take place on 4 November. In the previous auction on 22 October, the 6-month T-bill cut-off yield rose to 1.95%, its highest level so far in 2026. The 1-year T-bill cut-off yield also rose to 1.92% at the auction on 15 October. Together, these results raise the question of whether the upcoming 6-month T-bill yield could climb further. I’ve also seen more discussion in the Beansprout community about whether T-bill yields will hold around current levels or continue rising. In this article, I’ll examine the latest indicators for clues about where the upcoming cut-off yield might land. Source: MAS
Here’s what to expect for the Singapore T-bill auction on 4 November
#1 – US 10-year government bond yields fell
The 10-year US government bond yield fell to 4.97% as of 29 October 2026, lower than its level of 5.06%…
