HIGHLIGHTS
- The 10-year Indonesia Government Bond (INDOGB) yield rose to 6.792% on March 13, 2026, compared with 6.723% in the previous session. Meanwhile, the UST 10-year yield rose by 1 bps to 4.28% yesterday.
- Government bond trading volume reached IDR42.70 trillion, dominated by medium-term tenors (5–15 years). The volume declined from IDR47.00 trillion in the prior session and was below its YTD average of IDR49.43 trillion. Meanwhile, outright transactions amounted to IDR28.95 trillion, down from IDR32.81 trillion previously.
- In the corporate bond market, total trading volume was recorded at IDR11.74 trillion, mainly concentrated in short-term tenors (<5 years). The transaction volume increased from IDR9.34 trillion in the previous session and remained above this year’s average of IDR3.31 trillion. Outright transactions also rose to IDR11.74 trillion, compared with IDR9.34 trillion previously.
- In the broader market, the Rupiah weakened by 0.30% against the US Dollar to IDR16,944, from IDR16,893 previously. Meanwhile, the Jakarta Composite Index (JCI) fell by 3.05%, declining from 7,362 to 7,137. In the commodities market, Brent crude oil increased from USD91.47 to USD100.26 per barrel, while WTI Cushing crude oil spot prices rose from USD87.25 to USD95.73 per barrel.
GLOBAL UPDATES
- US Personal Consumption Expenditures (PCE) inflation rose 2.8% y-y in January 2026, slightly easing from 2.9% in December but remaining above the Federal Reserve’s 2% target. Meanwhile, core PCE increased 3.1% y-y, the highest level in nearly two years, up from 3.0% previously, indicating persistent underlying price pressures. On a monthly basis, core PCE rose 0.4% m-m, matching December’s pace and marking the strongest increase in ten months. The uptick was largely driven by service-sector costs, particularly healthcare and transportation, alongside firm core goods prices, including durable household equipment and vehicles. (Trading Economics, US BEA)
To see the full version of this daily update, please click here
