Sunday, June 3, 2007

Thai Bonds Decline as Economic Growth Beats Forecast; Baht Little Changed

(Bloomberg) -- Thailand's bonds fell after a
government report showed the economy grew faster than expected in
the first quarter. The baht was little changed.

Yields on benchmark 10-year notes rose to the highest in more
than six weeks. Gross domestic product rose 4.3 percent in the
first three months from a year earlier, the National Economic and
Social Development Board said in Bangkok today. Economists had
expected a 3.7 percent growth in a Bloomberg survey.


Read more at Bloomberg Bonds News

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