Singapore Dollar Lower Late

                     Latest   Change
 USD/SGD               1.4090   -0.0030
 Overnight Rate        0.25%    -25 bps
 2-Year Bond Yield     1.18%    -3 bps
 10-Year Bond Yield    2.50%    -1 bps
 2-Year Swap Offer     1.87%    +1 bps
 10-Year Swap Offer    2.83%    -3 bps
 2-10-Year Swap Curve  96 bps   -4 bps
 SINGAPORE--The Singapore dollar continued to weaken against the U.S. dollar in late Asia trading on Tuesday as most investors stayed on the sidelines.

Late in Asia, the U.S. dollar was quoted at S$1.4090, compared with S$1.4120 around the same time Monday.

In a note to clients, OCBC said for U.S. Federal Reserve-specific cues, the market will look toward Janet Yellen's testimony at U.S. Joint Economic Committee on Thursday.

"Broad dollar strength at this juncture is less than universal and USD-SGD may remain trapped in a range," OCBC said in its note.

Singapore government bond yields fell, implying a rise in prices. Yields on the benchmark 10-year bond fell 0.01 percentage point to 2.50%, while the two-year bond yield dropped 0.03 percentage point to 1.18%.

 Write to P.R. Venkat at venkat.pr@dowjones.com