(Bloomberg) -- Thailand's 10-year bonds fell,
snapping a three-day gain, as yields at the lowest in more than
3 1/2 years may prompt investors to buy shorter-term securities
at a government auction. The baht was little changed.
The yield on the benchmark 10-year note has dropped more
than 1.25 percentage points this year and is now below the
central bank's key interest rate. Investors may also buy at the
combined sale today of 9 billion baht ($290 million) of 28-day,
91-day and 182-day bills before a Bank of Thailand meeting this
week where it's expected to lower its one-day rate.
Read more at Bloomberg Bonds News
snapping a three-day gain, as yields at the lowest in more than
3 1/2 years may prompt investors to buy shorter-term securities
at a government auction. The baht was little changed.
The yield on the benchmark 10-year note has dropped more
than 1.25 percentage points this year and is now below the
central bank's key interest rate. Investors may also buy at the
combined sale today of 9 billion baht ($290 million) of 28-day,
91-day and 182-day bills before a Bank of Thailand meeting this
week where it's expected to lower its one-day rate.
Read more at Bloomberg Bonds News
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