Thai stock market facing near-term headwinds from rising US bond yields, surging crude oil (partly due to Houthi missile attacks on Saudi Arabia), and a weakening baht at 33.47/USD that pressures foreign fund inflows (net selling of 661M baht yesterday). SET expected to trade 1,590–1,620 points. Energy (PTT, PTTEP, TOP, BCP), banking (BBL, KBANK, KTB, SCB), and export-linked stocks may outperform as they benefit from high yields and a weak baht, while tech faces rotation headwinds.