HIGHLIGHTS

 

  1. The yield on the 10-year Indonesia Government Bond rose to 7.346% on 24 July 2026, from 7.321% in the previous trading session. Meawnhile, the 10-year US Treasury yield fell by 2 bps to 4.69% yesterday.

 

  1. Trading activity in the government bond market reached IDR54.56 trillion, up from IDR49.67 trillion recorded a day earlier, with transactions primarily concentrated in short-tenor bonds (less than five years). The trading volume also exceeded the year-to-date (YTD) daily average of IDR49.43 trillion. Meanwhile, outright transactions declined to IDR16.44 trillion from IDR17.99 trillion in the previous session.

 

  1. In the corporate bond market, total trading volume increased to IDR11.46 trillion from IDR9.75 trillion on the previous day, with activity likewise dominated by short-tenor bonds (less than five years). Trading volume remained well above the YTD daily average of IDR3.31 trillion. Outright transactions also strengthened, rising to IDR11.39 trillion from IDR9.13 trillion in the prior session.

 

  1. In the currency market, the Indonesian Rupiah depreciated by 0.16% against the US Dollar to IDR17,943/USD, compared with IDR17,915/USD in the previous session. Meanwhile, the Jakarta Composite Index (JCI) fell 1.88%, closing at 6,196 from 6,315. In the commodity market, Brent crude declined to USD97.25 per barrel from USD100.69, while WTI Cushing Crude Oil Spot fell to USD89.36 per barrel from USD92.19.

 

GLOBAL UPDATES

 

  1. Japan’s inflation accelerated to 1.7% YoY in June 2026 from 1.5% in May, the highest since December, driven mainly by a slower decline in electricity and gas prices as energy subsidies were scaled back. Core inflation also rose to 1.6% from 1.4%, its highest since March, but remained below the Bank of Japan’s 2% target for a fifth straight month. Meanwhile, food inflation eased to 3.2% from 3.5%, supported by a second consecutive decline in rice prices. (CNBC)

 

 

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