Home › Business & Finance › Indonesia Bonds Lure Global Funds as Yields Hit Six-Year High
Business & Finance

Indonesia Bonds Lure Global Funds as Yields Hit Six-Year High

Key Points

Indonesia Bonds Lure Global Funds as Yields Hit Six-Year High Indonesian government bonds are drawing bargain-hunters after the benchmark yields’ surge last week to the highest since 2020. Global funds have poured $174 million into Indonesia’s bonds so far in November, according to Bloomberg-compiled data. Market watchers like Amundi SA and Citigroup Inc. view recent selloffs as an attractive entry point, with the US-Iran war potentially de-escalating and oil prices easing for the net-importer.

Indonesia Bonds Lure Global Funds as Yields Hit Six-Year High Indonesian government bonds are drawing bargain-hunters after the benchmark yields’ surge last week to the highest since 2020. Global funds have poured $174 million into Indonesia’s bonds so far in November, according to Bloomberg-compiled data. Market watchers like Amundi SA and Citigroup Inc. view recent selloffs as an attractive entry point, with the US-Iran war potentially de-escalating and oil prices easing for the net-importer. Amundi expects 10-year yields to fall by about 30 basis points.
Indonesia (LOCATION) Indonesian (ORG) Bloomberg (ORG) Amundi SA (ORG) Citigroup Inc. (ORG) US (LOCATION) Iran (LOCATION) Amundi (ORG)
Originally published by Bloomberg Markets Read original →