The yield curve of government bonds had already risen even before the Bank of Thailand's policy rate hike, which also reflected the policy rate hikes of the US Federal Reserve, according to the Public Debt Management Office (PDMO).
The PDMO's director-general Patricia Mongkhonvanit said the yield curve of the 10-year government bonds has risen, in line with the 10-year US Treasuries yield.
For example, the yield curve of the 10-year government bonds rose to 2.54% on Aug 8 from 2.49% on Aug 5.
