PUBLISHED : 19 Oct 2023 at 12:22
Foreign investors are returning to Thailand’s bonds after a rout drove yields to the highest in nine years.
Global funds have poured 11.5 billion baht (US$316 million) into bonds in October so far, according to data from the Thai Bond Market Association, set to be the biggest inflow since March. While funds are locking in high yields, wagers the central bank may have…