HIGHLIGHTS
- The yield on the 10-year Indonesia Government Bond declined to 6.700% on June 3, 2026, from 6.759% in the previous trading session. Meanwhile, the 10-year UST yield rose by 3 bps to 4.49% yesterday.
- Government bond trading volume reached IDR52.64 trillion, primarily concentrated in short-term tenors (less than 5 years). The volume decreased from IDR65.34 trillion recorded on the previous day but remained above the year-to-date (YTD) average of IDR49.43 trillion. Meanwhile, outright transactions amounted to IDR19.36 trillion, lower than IDR27.33 trillion in the preceding session.
- Corporate bond trading volume totaled IDR12.41 trillion, with transactions also dominated by short-term tenors (less than 5 years). The volume increased from IDR9.49 trillion recorded a day earlier and remained significantly higher than the YTD average of IDR3.31 trillion. Outright transactions stood at IDR12.66 trillion, up from IDR9.48 trillion in the previous session.
- The Indonesian Rupiah weakened by 0.63% against the US Dollar, depreciating to IDR17,950/USD from IDR17,838/USD. Meanwhile, the Jakarta Composite Index (JCI) fell by 4.11%, declining from 6,195 to 5,941. In the commodities market, Brent crude oil rose from USD96.00 to USD98.13 per barrel, while WTI Cushing Crude Oil Spot increased from USD93.76 to USD96.01 per barrel.
GLOBAL UPDATES
- Fed’s Beige Book showed employment remained broadly stable while inflation continued to rise across much of the US economy. Higher energy costs linked to the Middle East conflict drove inflation pressures, with spillovers to transportation, food, and other input costs. Economic activity expanded at a slight-to-moderate pace in 10 of 12 Fed districts, while businesses reported growing concerns over weakening consumer sentiment and spending. The report suggests inflation remains a key concern for policymakers, reinforcing expectations that the Fed will keep a restrictive policy stance for longer. (Bloomberg)
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