$UOB(U11.SG)UOB slipped further as weakness in DBS and broader pressure across Singapore bank stocks weighed on sentimen…
$UOB(U11.SG)
UOB slipped further as weakness in DBS and broader pressure across Singapore bank stocks weighed on sentiment. The relationship with US Treasury yields is also worth watching. While higher rates can support lending yields, UOB’s latest results show that rising funding costs and deposit competition can offset those benefits, squeezing margins. I will be watching how Treasury yields evolve and whether the pressure on margins starts to ease.
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