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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SingaporeSingapore 20 Year Bond Yield climbed to 3.08% in February 2024
FMPMonthlyReleased February 2024
Singapore 20 Year Bond Yield climbed to 3.08% in February 2024, up 0.28% from January's 2.8% reading.
Latest Release
3.080000
Actual
—
Consensus
2.800000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/SGD | ▼ Inverse | −0.50 | FOREX | Bullish SGD | → View |
| AUD/USD | ▲ Direct | +0.35 | FOREX | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
20 Year Bond Yield (Singapore) was reported at 3.08% in February 2024. The reading rose from the previous value of 2.8%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/SGD (Bullish SGD). A secondary relationship exists with AUD/USD, positively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include CPI YoY (May 25).
Auto-generated from current model state · Refreshes on each release · Last update February 2024.
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20 Year Bond Yield - SG
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About 20 Year Bond Yield — Singapore
DEFINITION
The 20 Year Bond Yield is a financial indicator that measures the annual return on a 20-year government bond. It is used by investors and analysts to assess the long-term performance of the bond market and to make informed decisions about investment strategies. A higher yield indicates a higher return on investment, while a lower yield may suggest a more stable and secure investment option. This indicator is closely monitored by financial experts as it provides valuable insights into the overall health and stability of the economy.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Feb 2024): actual 3.08 %.
WHAT'S NEXT
This indicator correlates most strongly with USD/SGD (Bullish SGD, r=-0.50) — a useful reference for forex-focused traders.