Singapore government bonds have excellent credit ratings and are attracting US investors

The decline in the rating of US Treasury bonds has caused investors to turn their attention to bonds of Asian countries with excellent credit ratings. Among them, bonds issued by the Monetary Authority of Singapore are the most popular.
According to Bloomberg, investors who want to withdraw from the dollar market are considering buying securities issued by the Monetary Authority of Singapore. According to data compiled by Bloomberg, if the cost of currency hedging is taken into account, the yield of the three-month Monetary Authority of Singapore bills is about 13 basis points higher than that of US Treasuries of the same period.