2 days ago
Indonesia Bonds May Gain More on Dovish Policy, Fiscal Outlook
Bank Indonesia's dovish stance and easing concerns over the nation's fiscal policy are fueling expectation that government bonds will extend their rally into the second half of the year.
The benchmark 10-year yield, which stood at 6.6% on Friday, may fall to as low as 5.8% by year-end, local brokerage PT Sucor Sekuritas estimated. Aberdeen Group expects the five-year yield to fall well below 6%.
