Expected upturn in inflation if digital wallet goes ahead could dent top Asian performers
PUBLISHED : 21 Dec 2023 at 14:28
A 7% gain in Thai bonds has turned them into one of emerging Asia’s best performers in the final quarter of 2023, but there are signs to suggest the rally may be about to end.
Baht-denominated notes may struggle to extend their winning run as the Bank of Thailand has signalled an extended interest-rate pause and bond supply looks set to increase. These headwinds are likely to erode the gains that followed the recent rate…
