Thai Bonds Gain as Benchmark Yields Near 14-Week High Attract Investors

(Bloomberg) -- Thailand's 10-year bonds rose,
halting a five-day decline, on speculation yields at the highest
in more then three months will attract investors. The baht was
little changed.

Yields on the securities have risen by more than half a
percentage point this month as investors bet the central bank
will slow the pace of interest rate cuts in the second half of
the year. The Bangkok-based University of Thai Chamber of
Commerce will release its May consumer confidence index today.


Read more at Bloomberg Bonds News