Thailand’s Big Stimulus Borrowing Could Spur Yield-Curve Control

  • Government to raise up to $30.6 billion to inject into economy
  • Bank of Thailand has studied options like yield-curve control
People walk near Siam Square in Bangkok on April 3.Photographer: Andre Malerba/Bloomberg
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Thailand’s 1 trillion baht ($30.6 billion) borrowing program for economic stimulus could spur central bank steps to keep a lid on bond yields.