Thai Junta Bond Yields Lower Than U.S. Debt Deter Global Funds

  • Nikko Asset is underweight and will cut if inflation edges up
  • Thai 30-year yield dropped more than 100 basis points in 2016

Foreign investors are shying away from Thai government bonds after their extra yield over U.S. Treasuries evaporated, bringing an end to a record nine-month rally.

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