%Thailand 10 Year Government Bond
TH-10Y
▼ NegativeMonetaryrelevance
Lower-than-expected Thai inflation and strong US PMI lead to falling government bond yields, implying lower policy rates.
The trading value of Thai bonds this week rose by about 145% from the previous week to 474.315 billion baht, with net buying of 510 million baht in short-term bonds and net buying of 9.949 billion baht in long-term bonds, while bonds held by foreign investors matured worth 900 million baht, resulting in a net foreign capital inflow of 9.559 billion baht. Government bond yields fell by 1 to 3 basis points amid lower-than-expected Thai inflation and a strong US PMI index.
Lower-than-expected Thai inflation and strong US PMI lead to falling government bond yields, implying lower policy rates.