Friday, December 1, 2023
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financial markets

Singapore’s Latest T-Bill Auction Sees Cut-Off Yield Drop

TLDR: Singapore's latest six-month Treasury bill (T-bill) auction witnessed a decline in the cut-off yield to 3.75%. Demand remains robust as the auction receives...

Fitch Downgrades US Credit Rating Amid Governance Concerns, Economic Challenges

TLDR: Fitch downgrades the US credit rating from AAA to AA+ due to concerns over the country's finances and debt burden. US Treasury Secretary...

UK’s High Inflation Cools to 7.9%, Easing Pressure on Interest Rate Hikes

  TLDR: UK's high inflation rate fell more than expected to 7.9% in June, its slowest in over a year. Investors scaled back bets on...

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