Wolf Money(Singapore Savings Bonds Oct 2026 review)
(Source: MAS) The yield on Singapore Savings Bonds is being pushed up by interest rate hikes around the world due to a resurgence in inflation. Although our rates are on the low side as Singapore is in the club of good credit nations with the rare AAA rating. The first year yield of 1.65% is the highest over the past year, slowly rising to 3.01% on the 10th year. The average 10 year yield is 2.32%. The SSBs are poised for further increases in both short and long-term yields if the U.S federal reserve continues to hike rates. The rise in rates is good news for savers or safe investors who avoid excessive risk. It will be bad news for people who rely on borrowing as finance cost is likely to go up including business and housing loan. We will see rates approaching 2.5% on average in the next SSBs in Nov. Our 10-year bond just hit above 2.52%. If the rates continue to climb above 3%, I will be looking to rotate out some of my older SSBs with shorter tenure to the newer issues t...