Latest Change USD/SGD 1.2667 -0.0003 Overnight Rate 0.06% +1 bp 2-Year Bond Yield 0.41% +1 bp 10-Year Bond Yield 2.53% -6 bps 2-Year Swap Offer 0.60% Unchanged 10-Year Swap Offer 2.86% -3 bps 2-10-Year Swap Curve 226 bps -3 bps SINGAPORE--The Singapore dollar was little changed against the U.S. dollar late on Friday after the U.S. currency recovered a bit from its bruising fall earlier. The U.S. dollar was quoted at S$1.2667 in the last hour of trade in Asia, compared with S$1.2670 around the same time on Thursday. That was after the U.S. currency had slipped below the psychological support of S$1.2600 earlier in the week amid weak volumes. Global currency markets are likely to take direction from the comments of several U.S. Federal Reserve officials expected later Friday. Remarks are due from Fed Chairman Ben Bernanke, who is slated to leave his post at the end of the month, as well as from six of his central-bank colleagues. Longer-dated Singapore government bonds rose on Friday, tracking U.S. Treasurys that gained overnight after the holidays. The yield on the benchmark 10-year Singapore government bond fell six basis points to 2.53, though that on the two-year rose a hundredth of a percentage point to 0.41%. Bond yields move inversely to prices.

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