Latest Change USD/SGD 1.2777 -0.0013 Overnight Rate 0.06% Unchanged 2-Year Bond Yield 0.41% -3 bps 10-Year Bond Yield 2.49% -2 bps 2-Year Swap Offer 0.62% Unchanged 10-Year Swap Offer 2.77% -1 bp 2-10-Year Swap Curve 215 bps -1 bp SINGAPORE--The Singapore dollar eked out a small gain against the U.S. dollar late in Asia on Wednesday as the U.S. currency lost steam after rising for the previous few sessions. The U.S. dollar was quoted at S$1.2777 in the last hour of Asian trade compared with S$1.2790 around the same time on Tuesday. The U.S. currency broke through psychological resistance at S$1.2800 for the first time since Sept. 6 to hit a high of S$1.2804 overnight in U.S. trade. However, the U.S. dollar fell against most Asian units on Wednesday, as some investors likely thought its recent rise following expectations of a stronger U.S. economy was too fast. Singapore government bonds rose on Wednesday, sending yields lower. Yield on the benchmark 10-year Singapore government bond was down 2 basis points at 2.49%, while that on the 2-year was down 3 basis points at 0.41%.

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