(Bloomberg) -- Thailand's 10-year bonds headed for a sixth weekly gain after the finance minister signaled interest rates will need to decline further this year. The baht gained.
The yield on the 10-year note fell to a 3 1/2 year low on prospects policy makers will lower borrowing costs for a fourth time on May 23. The benchmark one-day rate can be eased further to boost growth, Finance Minister Chalongphob Sussangkarn said today.
Read more at Bloomberg Bonds News
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