Thailand’s 10-year government bond yield climbed to around 2.24%, hitting its highest level since February 2025 as foreign investors accelerated their exit from local assets. Global funds have dumped more than $1 billion of Thai bonds this month, on track for its largest foreign outflow since 2022, according to the Thai Bond Market Association. The selling intensified on Friday, when investors withdrew about $1.2 billion, the biggest single-day outflow since March 2022, while also offloading roughly $1.2 billion in equities, the steepest stock selloff in two years. The pullback reflects a broader retreat from emerging markets as escalating Middle East tensions fuel risk aversion, with surging oil prices stoking inflation concerns and worsening current-account pressures. Thai assets have borne the brunt of the shift, with local bonds delivering an 8.5% loss to dollar-based investors on a hedged basis in March, among the worst in the region, while equities have dropped more than 8%.

The yield on Thailand 10Y Bond Yield eased to 2.29% on March 30, 2026, marking a 0.03 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.54 points and is 0.21 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Thailand 10-Year Government Bond Yield reached an all time high of 6.72 in November of 2005. Thailand 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on March 30 of 2026.

The yield on Thailand 10Y Bond Yield eased to 2.29% on March 30, 2026, marking a 0.03 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.54 points and is 0.21 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The Thailand 10-Year Government Bond Yield is expected to trade at 2.32 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 2.06 in 12 months time.



Bonds Yield Day Month Year Date
Thailand 10Y 2.29 -0.033% 0.542% 0.206% Mar/30



Related Last Previous Unit Reference
Thailand Inflation Rate -0.88 -0.66 percent Feb 2026
Thailand Interest Rate 1.00 1.25 percent Feb 2026
Thailand Unemployment Rate 0.70 0.77 percent Dec 2025

Thailand 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
2.29 2.32 6.72 0.81 2000 - 2026 percent Daily

News Stream
Thailand 10Y Yield Hits 13-Month High
Thailand’s 10-year government bond yield climbed to around 2.24%, hitting its highest level since February 2025 as foreign investors accelerated their exit from local assets. Global funds have dumped more than $1 billion of Thai bonds this month, on track for its largest foreign outflow since 2022, according to the Thai Bond Market Association. The selling intensified on Friday, when investors withdrew about $1.2 billion, the biggest single-day outflow since March 2022, while also offloading roughly $1.2 billion in equities, the steepest stock selloff in two years. The pullback reflects a broader retreat from emerging markets as escalating Middle East tensions fuel risk aversion, with surging oil prices stoking inflation concerns and worsening current-account pressures. Thai assets have borne the brunt of the shift, with local bonds delivering an 8.5% loss to dollar-based investors on a hedged basis in March, among the worst in the region, while equities have dropped more than 8%.
2026-03-23
Thailand 10Y Bond Yield Hits 12-month High
Thailand 10 Year Government Bond Yield increased to 2.24%, the highest since March 2025. Over the past 4 weeks, Thailand 10Y Bond Yield gained 28.90 basis points, and in the last 12 months, it decreased 1.60 basis points.
2026-03-23
Thailand 10-Year Bond Yield Retreats
Thailand’s 10-year government bond yield retreated to around 1.74% after reaching its highest level since June last year, as expectations of further monetary easing tempered concerns over upcoming fiscal spending ahead of the February election. Bank of Thailand Governor Vitai Ratanakorn recently said rates could be cut further, though he noted that monetary policy alone cannot resolve structural issues. These expectations have eased pressure on long-term yields, which had previously risen amid worries about heavy debt-funded stimulus that dampened demand for longer-dated securities. Investors are closely watching the government’s borrowing plans and upcoming debt auctions, as elevated yields could raise financing costs and limit fiscal space. Broader challenges include US tariffs, southern flooding, border tensions with Cambodia, and the baht’s recent strength weighing on exports and tourism.
2026-01-15