Latest Change USD/SGD 1.2426 +0.0002 Overnight Rate 0.06% -7 bps 2-Year Bond Yield 0.35% -1 bp 10-Year Bond Yield 2.26% +1 bp 2-Year Swap Offer 0.55% Unchanged 10-Year Swap Offer 2.56% +1 bp 2-10-Year Swap Curve 201 bps +1 bp SINGAPORE--The Singapore dollar was little changed against the U.S. dollar late in Asia as international currency markets were quiet ahead of a European Central Bank policy-setting meeting and U.S. economic growth data due on Thursday. The U.S. dollar was at S$1.2426 in the last hour of Asian trade on Monday from S$1.2424 around the same time on Monday. It traded between S$1.2413 and S$1.2429 during the Asian day. The U.S. dollar will gain against the Japanese yen and the euro in the longer-term as the world's biggest economy gains traction, many traders said. Singapore government bonds were little changed. Yield on the benchmark 10-year bond nudged one hundredth of a basis points higher to 2.26%, while that on the 2-year bond declined by an equal measure to 0.35%.

Source