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SSB – Jul 2019

Source: http://www.amosang.com/singapore-savings-bonds-ssb-visualizer/

This month’s SSB rates are indicated by the purple line, which comes in at 1.93% for the first 3 years, 7 basis points (“bps”) above last month’s tranche at 1.88% for the first 3 years. It looks like SSB rates have started to move upwards again!

Although it’s only 7 bps, I found it peculiar that interest rates could conceivably go up with the US economy is poised to go down due to the tariff tan-trumps presently going …