Indonesian government bonds saw their largest foreign inflows in over seven years, supported by a stronger rupiah and expectations that Bank Indonesia will keep rates steady after a cumulative 100bps increase this year. The inflow momentum suggests improved demand for local sovereign risk as FX stabilizes and rate-hike expectations cool.
Indonesian government bonds saw their largest foreign inflows in over seven years, supported by a stronger rupiah and expectations that Bank Indonesia will keep rates steady after a cumulative 100bps increase this year. The inflow momentum suggests improved demand for local sovereign risk as FX stabilizes and rate-hike expectations cool.
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mildly positive
Sentiment Score
0.25
Ticker Sentiment
