Singapore 10-Year Yield Retreats
2026-03-26 01:34
By
Kyrie Dichosa
1 min. read
Singapore’s 10-year government bond yield fell to around 2.23% in late March, retreating from an almost three-month high as demand for local bonds increased.
Singapore’s bonds have emerged as a regional haven amid Iran-related turmoil, outperforming other Southeast Asian peers.
While the city-state’s economy faces headwinds from rising energy costs and supply chain disruptions linked to the Middle East conflict, strong domestic liquidity and a resilient currency have helped its AAA-rated bonds remain relatively stable.
Meanwhile, economists expect the Monetary Authority of Singapore to tighten monetary policy next month and possibly later in the year as rising import pressures weigh on the trade-dependent economy.
The MAS will also update its inflation outlook at the meeting, which is currently projected to average between 1% and 2% in 2026.