portfolio diversification plus money management
I wish I can sell my holdings at CDP via Moomoo (currently only FSM offers this convenience).
$ABF SG BOND ETF (A35.SG)$ Today's closing of 1.098 is lower than the Oct-2018 low of 1.100. At this rate, it may even break the all-time-low of 1.071 on Jan-2013 soon. The recent fall is larger than I expect, esp. when compared to the 10 Yr yield per SG Savings Bond (latest issue: 1.91% pa v. Oct 2018 issue: 2.42% pa). It seems like mkt is expecting inflation to worsen, & will drive up SG interest to a level higher than in 2018.
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What happened, it dropped again.
Translated
$PA GOODDOCTOR (01833.HK)$ Why drop so much today? Did not find any specific bad news on Google or Moomoo platform.
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$ABF SG BOND ETF (A35.SG)$ Early Sep, price was around 1.180. Today, it hits 1.154, drop of around 2% over span of 1 mth+. Wonder why? Is mkt expecting SGD interest rate to rise soon? Anyway, historical low was 1.100 on Oct 2018, 3 yrs ago.
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