Thailand 10Y Bond Yield Hits 14-month High

Thailand 10 Year Government Bond Yield increased to 2.34%, the highest since February 2025. Over the past 4 weeks, Thailand 10Y Bond Yield gained 9.20 basis points, and in the last 12 months, it increased 36.90 basis points.

Thailand’s 10-year government bond yield climbed to around 2.24%, hitting its highest level since February 2025 as foreign investors accelerated their exit from local assets. Global funds have dumped more than $1 billion of Thai bonds this month, on track for its largest foreign outflow since 2022, according to the Thai Bond Market Association. The selling intensified on Friday, when investors withdrew about $1.2 billion, the biggest single-day outflow since March 2022, while also offloading roughly $1.2 billion in equities, the steepest stock selloff in two years. The pullback reflects a broader retreat from emerging markets as escalating Middle East tensions fuel risk aversion, with surging oil prices stoking inflation concerns and worsening current-account pressures. Thai assets have borne the brunt of the shift, with local bonds delivering an 8.5% loss to dollar-based investors on a hedged basis in March, among the worst in the region, while equities have dropped more than 8%.

Thailand 10 Year Government Bond Yield increased to 2.24%, the highest since March 2025. Over the past 4 weeks, Thailand 10Y Bond Yield gained 28.90 basis points, and in the last 12 months, it decreased 1.60 basis points.