- Thai bonds have become the top performers in emerging Asia over the last month, driven by a combination of slowing inflation and a reduction in bond supply.
- The 10-year yield for Thai sovereign debt is expected to fall by approximately 25 basis points by mid-2027.
- A recent auction for 10-year bonds saw the highest bid-to-cover ratio in nearly a year, indicating robust investor demand.
Quotes
“Thailand’s bonds have beaten their emerging Asian peers over the past month and analysts predict they will extend gains on favorable supply dynamics and slower inflation.”