UST10Y Yield Increase Hits SUN Benchmark
Market participants responded negatively to the Fed’s statement that there is considerable room to raise interest rates, with the market expecting it to start in March.
Daily Report | 28 Jan 2022
The movement of the benchmark index has the potential for a technical correction to the range of 6550-6,630.
Daily Report | 27 Jan 2022
The benchmark index has the opportunity to continue strengthening with a wide range of movement at 6,550 – 6,726.
Investors Interested in High Yield PBS030 and PBS029
The government managed to reap funds worth IDR 11 trillion from the total bids for the Sukuk auction yesterday worth IDR 38.3 trillion.
Daily Report | 26 Jan 2022
The pressure on JCI continued with a decline of 1.31% yesterday; marked by corrections in all sectoral indexes.
Daily Report | 25 Jan 2022
For today, the benchmark index has the potential to rebound with the projected range of movement at 6,630 – 6,730.
Global Catalyst Colors Sun Market Early Week
Based on Bloomberg data, benchmark 10-year and 15-year Government Bonds recorded yields at the same level, which was around 6.39% yesterday.
UST10Y Rise Colors Weekend Market
From a global perspective, the yield on the 10-year US Treasury (UST10Y) also experienced a significant increase, reaching the level of 1.87%; or the highest since early 2020.
Weekly Report | 24 Jan 2022
Market participants anticipates a more aggressive tightening policy; in line with the high inflation rate in the US which reached 7% YoY in 2021.
