Indonesia's Government Bond Yield Sees Second Highest Increase in ASEAN

Market

Premium

08/10/2018 12:51 WIB

URL has been copied

Memuat...

Besides external factors, the rise in Indonesian bond yields was also triggered by the slump in the rupiah exchange rate, which has broken through the level of Rp 15,100 per US dollar.

Yields of Government Bonds of ASEAN and US Countries (January 5 - October 2018)

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Indonesia's Government Bond Yield Sees Second Highest Increase in ASEAN”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Yields of Government Bonds of ASEAN and US Countries (January 5 - October 2018)

Download

Source

A Small Font
A Medium Font
A Bigger Font

The improving US economy and resulting inflation have driven up global bond yields. US economic growth exceeding 4% and inflation at 2.7% have led to the potential for the Federal Reserve to raise interest rates three times by the end of next year. This concern has caused the US 10-year Treasury yield to increase by 0.83% (82.7 bps) year-to-date (YTD) to 3.23%.

This has directly impacted bonds/government debt in Southeast Asia, with yields rising accordingly. The largest increase in government bond yields this year was recorded in the Philippines, at 2.11% (210.5 bps) to 7.8%. This was followed by Indonesia, with a 2.06% (205.9 bps) increase to 8.38%.

In addition to external factors, the rise in Indonesian bond yields was also triggered by the weakening of the Rupiah, which depreciated to Rp 15,100 per US dollar. Concerns over a widening trade deficit have pushed the Rupiah to its lowest level in 20 years.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."