The Thai Bond Market Association reported total domestic bond trading value of 120.879 billion baht today. Asset management companies were the top net buyers at 63.61 billion baht, and insurance companies net bought 1.086 billion baht. Meanwhile, foreign investors net sold 655 million baht, resulting in net capital outflows today. The five-year government bond yield closed at 1.52 percent, down 0.01 percent from the previous day. Goldman Sachs forecasts Brent crude oil prices could exceed 120 dollars per barrel by the fourth quarter of 2026 if oil flows through the Strait of Hormuz are disrupted for an extended period.
Goldman Sachs Group IncGoldman Sachs forecasts Brent crude could exceed $120/bbl if Strait of Hormuz disrupted, a bullish scenario for oil-linked business.