
US Treasuries and bonds are now yielding more after several rounds of interest rate hikes by the US Federal Reserve in efforts to cool inflation, and “that is a positive thing for investors”, Lim said. — The Straits Times
SINGAPORE: Despite concerns about inflation, geopolitical tensions and slower growth, GIC chief executive Lim Chow Kiat sees opportunities for the Singapore investment fund to invest at attractive valuations in exchange for better yields in the long term.
US Treasuries and bonds are now yielding more after several rounds of interest rate hikes by the US Federal Reserve in efforts to cool inflation, and “that is a positive thing for investors”, Lim said on a panel discussing global capital flows and availability at the Bloomberg new economy forum on Wednesday.
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