East Spring points out opportunities to invest in global debt instruments. Before the Fed cuts interest rates in the second half of this year

East Spring Asset Management views it as an opportunity to invest in global bonds before the Fed cuts interest rates. The latest US bond yields for 2 years, 5 years and 10 years are at 4.99%, 4.67% and 4.63% along with paying dividends for the "ES-" fund. GF-D”

Ms. Darabusp Papavaj, Managing Director of Eastspring Asset Management (Thailand), revealed that better-than-expected US economic figures have led to an upward revision of the US economic growth forecast.

The survey results increased the economic expansion of 2567 from the original in March. It was expected that in 2567 the US economy would expand 2.2%, increasing to 2.4% in the April survey (Source: Bloomberg as of 23 April 2567)

East Spring is of the view that this issue causes the Federal Reserve to tend to hold interest rates for a while longer. Before it was expected that the Federal Reserve might have its first interest rate cut in the second half of 2567.

This issue has led to a rise in U.S. government bond yields since the beginning of the year. The latest yields on 2-year, 5-year, and 10-year U.S. government bonds are at 4.99%, 4.67%, and 4.63% per year, respectively (Source: Bloomberg, as of April 23, 2567).

This is considered an interesting time to invest during a time when US government bond yields are high before the Federal Reserve cuts interest rates.

In addition, the company is preparing to pay dividends for a foreign fund under its management, the Eastspring GIS Global Bond Fund (dividend-paying class) (ES-GF-D).

For operating results for the accounting period of approximately 3 months, from January 25, 2567 to March 31, 2567, at the rate of 0.10 baht per unit, which is the first dividend payment. Since the beginning of Class D - dividend payment type on January 25, 2567, with dividend payment scheduled for April 26, 2567.

For the East Spring GIS Global Bond (dividend-paying) fund (ES-GF-D), it focuses on investing in mutual fund units. Only one foreign fund (Master Fund) is the PIMCO GIS Global Bond Fund at an average ratio in the fiscal year of not less than 80 percent of the fund's net asset value. which is a foreign mutual fund registered in Ireland (Ireland)

by the said master fund Focuses on investing in debt instruments around the world, emphasizing government bonds. Good quality private debt instruments (Investment Grade Bond) including debt instruments with home loans as collateral (Agency MBS).