IS HERD MENTALITY COSTING YOU MONEY?
Dear readers, the latest auction for Singapore’s 6-month Treasury Bill (T-bill), code BS25114N, concluded on 17 July 2025. The cut-off yield had slipped further to 1.79% per annum, continuing the persistent downward trend in short-term government debt yields in Singapore. This latest development is significant, especially for conservative investors or cash management seekers who have,









