September 17, 2024 05:29 GMT
INDONESIA: Bond Wrap
INDONESIA
- Indonesia trade data today showed that the rebound in exports continued, supported by very strong imports pointing to the strength of the underlying economy.
- This likely provides the BI with time to pause this week ahead of the FED’s decision.
- Bonds markets were firm today with yields in most maturities lower, recognizing the decreased probability of a rate cut.
2yr 6.572% 5yr 6.452% (-1bp) 10yr 6.57% (-1.5bp) 30yr 6.844%
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