Latest Change USD/SGD 1.2465 -0.0026 Overnight Rate 0.19% +13 bps 2-Year Bond Yield 0.34% Unchanged 10-Year Bond Yield 2.30% -1 bp 2-Year Swap Offer 0.53% Unchanged 10-Year Swap Offer 2.62% -1 bp 2-10-Year Swap Curve 209 bps -1 bp SINGAPORE--The Singapore dollar edged a bit higher on Monday and held on to its gains late after the island nation unexpectedly reported a growth in exports for the first time in nine months, signaling a stronger economy. The U.S. dollar was quoted at S$1.2465 in the last hour of trade in Asia, compared with S$1.2491 around the same time on Friday. Singapore's key non-oil domestic exports, or exports of goods made on the island nation, rose 2.8% in October compared with a year earlier, after September's 1.2% fall. That caught analysts by surprise. The median estimate of five economists in a poll by The Wall Street Journal indicated October exports would contract 5.5% from a year earlier. Singapore government bonds were flat amid a lack of trading cues. The yield on the benchmark two-year government bond was unchanged at 0.34% while that on the 10-year bond edged lower by a hundredth of a percentage point to 2.30%.

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