(Bloomberg) -- Thailand's government bonds rose on speculation a lower economic growth forecast today will allow the central bank to cut rates further this year. The baht slid.
Ten-year yields have fallen more than one percentage point since Jan. 17, when the central bank cut rates for the first time since June 2003. The Bank of Thailand will today announce its new inflation and expansion forecasts for this year.
Read more at Bloomberg Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment