Economics
Singapore Depreciation Spurs Yield Premium to U.S.: Asean Credit
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Singapore bonds that typically offer lower yields than U.S. Treasuries now pay the highest premium since 1998, as analysts cut forecasts for the city’s dollar.
The spread, which turned positive in September, reached 33 basis points on Feb. 24, after the Monetary Authority of Singapore followed global central banks in easing policy on Jan.