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Bond Yields Slide on Rate Cut Prospects.
Byline: Nuntawun Polkuamdee
Jun. 6--Bond yields have fallen sharply over the past few days as investors expect global interest rates to fall further as European and US central banks seek to jump-start economic growth.
Nattapol Chavalitcheevin, president of the Thai Bond Dealing Centre (TBDC), said the local market was mostly taking cues from external factors.
Daily turnover last week fell to around 7.5 billion baht, compared with more than 10 billion baht at the end of May. Trade hit a high of 25 billion baht after the end of the war in Iraq in late April.
Mr Nattapol said the bond market had been quite active to date owing to low ...
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