Latest Change USD/SGD 1.2386 -0.0040 Overnight Rate 0.13% Unchanged 2-Year Bond Yield 0.36% -1 bp 10-Year Bond Yield 2.21% -6 bps 2-Year Swap Offer 0.53% -1 bp 10-Year Swap Offer 2.52% -4 bps 2-10-Year Swap Curve 199 bps -3 bps SINGAPORE--The Singapore dollar rose to a five-month high late in Asia on Friday as the U.S. currency weakened across the board and China reported its highest pace of growth this year. The U.S. dollar was quoted at S$1.2386 in the last hour of trade in Asia, compared with S$1.2426 around the same time Thursday. Earlier, it touched S$1.2372, the lowest since May 10. The prospect of a delay in the U.S. Federal Reserve reducing its quantitative-easing measures and renewed risk of a possible downgrade of the world's biggest economy weighed heavily on the U.S. dollar. China reported its economy grew 7.8% from a year earlier in the third quarter, meeting projections in a Dow Jones Newswires survey of economists. Singapore government bonds rose in line with U.S. Treasurys. Yield on the benchmark 10-year bond fell six basis points to 2.21%, and that on the 2-year bond was down by a hundredth of a percentage point to 0.36%.

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