(Bloomberg) -- Thailand's local-currency bonds, Asia's best performing debt this year, extended gains on speculation interest rates are headed lower for a fourth time in 2007.
Thai bonds handed investors a return of 8.5 percent this year, the most of 10 Asian debt markets tracked by HSBC Holdings Plc. The central bank is looking to revitalize economic growth by cutting borrowing costs to spur lending as inflation slows.
Read more at Bloomberg Bonds News
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