DBS, OCBC and Parkway Life: The 150 Basis Point Yield Gap Verdict (Weekly Gainers & Losers)

Holding Parkway Life with a thin spread is like waiting for the Yishun bus in a storm with no umbrella.

The air at the Tiong Bahru wet market this morning was thick with humidity and anxiety. Aunties were comparing the sudden spike in the price of cooking oil, shaking their heads at the stall owners. That is exactly what the global institutional market looks like right now. The localized tensions in the Middle East have metastasized into a systemic energy crisis.