The investment strategy team at Krungthai Bank, or Krungthai CIO, said monetary policy uncertainty has eased after the Fed meeting and Dot Plot came in less hawkish than expected, supporting a gradual increase in exposure to risk assets. It recommends using market pullbacks to accumulate Quality Growth stocks as the core of the portfolio, and gradually building up High Beta stocks in the satellite portfolio, especially Technology and Semiconductor, which are supported by AI applications and AI compute, as well as the North Asia Technology group. It also advises diversifying risk through Healthcare, Energy and gold to cope with still-elevated bond yields and oil prices. Over the past week, the S&P 500 fell 0.1% and the Dow Jones dropped 1.7%, while the Nasdaq rose 0.7%. The 10-year US Treasury yield rose 2.9 basis points to 5%, and the 10-year Thai government bond yield fell 4.7 basis points to 2.30%. Gold rose 0.7% to around 4,379 dollars per ounce. Brent crude fell 0.7% to 103.87 dollars per barrel, while WTI rose 0.2% and remained above 100 dollars per barrel. Factors to watch this week include the meeting between US and Chinese leaders on September 24 to assess the direction of the trade truce and agreements on rare earths and AI technology, as well as Flash PMI readings for the US, Europe and major economies on September 23, and Thailand's export and import figures on September 25, 2026.
Article reports the 10-year Thai government bond yield fell 4.7bp to 2.30%, a price move with no stated cause.
Article notes the 10-year US Treasury yield rose 2.9bp to 5% amid still-elevated bond yields, but gives no single causal driver for the move.
