Wolf Money(Singapore Savings Bonds April 2024 review)

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This month SSBs yield was higher than last month, moving above the 3% mark to 3.04%. There was renew concern about how fast and how much the US Federal Reserve is going cut interest rate this year. With the rising inflation numbers, it is very hard for the market to expect more than 2-3 cuts this year in my opinion. I am in the camp where 2 tokenism cuts in the second half just to appease the Biden reelection camp. With the rising 10 years UST yield, Singapore 10 years yield has also moved up in tedium. Next month SSBs might come with similar or higher yield. Closing date for this month application ends on the 25th March@9pm. Good luck and God Bless.🙏

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All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.


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