Singapore's Government Bond Yield Curve Has Scope to Flatten, DBS Says
0239 GMT — Singapore's government bond yield curve has scope to flatten, DBS Group Research analysts say in a note. First, the recent price rally of short-dated government securities may have 'gone too far too fast,' the analysts say. Second, if local rates remain low and U.S. dollar stays persistently weak, there would likely be investor interest in extending duration.
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