HIGHLIGHTS
- The yield on the 10-year Indonesia Government Bond (INDOGB) declined to 6.656% on 2 April 2026, from 6.685% in the previous session. Meanwhile, the UST 10-year yield rose by 4 bps to 4.35% yesterday.
- Government bond trading volume totaled IDR 42.08 trillion, dominated by short-term tenors (<5 years). This represented a decline from the previous day’s transaction value of IDR 65.03 trillion and remained below the year-to-date average of IDR 49.43 trillion. Outright transactions reached IDR 22.04 trillion, down from IDR 35.90 trillion recorded a day earlier.
- Meanwhile, total corporate bond trading volume stood at IDR 10.92 trillion, largely concentrated in short-term tenors (<5 years). This marked a significant increase from the previous day’s volume of IDR 5.59 trillion and remained well above the year-to-date average of IDR 3.31 trillion. Outright transactions amounted to IDR 10.92 trillion, rising from IDR 5.59 trillion in the prior session.
- The rupiah weakened by 0.12% against the US dollar to IDR 17,000 from IDR 16,980, while the Jakarta Composite Index (JCI) declined 2.19% to 7,027 from 7,184. In the commodities market, Brent crude eased to USD 126.46 per barrel from USD 126.97, while WTI Cushing crude oil spot prices fell to USD 100.12 per barrel from USD 101.38.
GLOBAL UPDATES
- US payrolls rose 178K in March 2026 and unemployment fell to 4.3%, beating expectations and rebounding from a February contraction. Job gains were driven by healthcare, construction, transportation, and manufacturing, while declines continued in federal government and financial sectors. February payrolls were revised down to -133K, reflecting earlier weakness due to strike effects. Despite stronger headline data, labor force participation slipped to 61.9% and broader unemployment (U-6) rose to 8.0%, indicating underlying labor market conditions remain mixed. (U.S. BLS, Bloomberg)
To see the full version of this daily update, please click here
