HIGHLIGHTS

  1. The yield on 10-year Indonesia Government Bonds stood at 6.158% on November 12, 2025, slightly lower than 6.172% recorded the previous day. Meanwhile, the 10-year US Treasury yield declined by 5 bps to 4.08% yesterday.
  2. Total government bond trading volume reached IDR40.95 trillion, dominated by short-term tenors (< 5 years). The volume declined from the previous day’s IDR49.56 trillion and remained below the year-to-date (YTD) average of IDR50.68 trillion. Meanwhile, outright transactions amounted to IDR25.00 trillion, down from IDR33.04 trillion in the prior session.
  3. Total corporate bond trading volume was recorded at IDR1.91 trillion, also dominated by short-term series (< 5 years). The volume rose from IDR1.69 trillion in the previous session but was still below the YTD average of IDR3.19 trillion. Outright transactions stood at IDR1.91 trillion, increasing from IDR1.69 trillion a day earlier.
  4. The Rupiah depreciated slightly by 0.08% against the US Dollar to IDR16,703 from IDR16,689, while the Jakarta Composite Index (JCI) rose 0.26% from 8,367 to 8,389. Brent crude oil prices climbed from USD62.42 to USD64.24 per barrel, and WTI crude oil prices increased from USD60.13 to USD61.04 per barrel.

GLOBAL UPDATES

  1. The US 10-year Treasury yield fell to 4.08%, a two-week low, as weak labor data and falling consumer sentiment fueled expectations of further Fed rate cuts. ADP reported job losses through late October, while Challenger data showed rising layoffs. With the government shutdown halting official releases, investors sought safety in Treasuries. Additional support came from Fed bill purchases offsetting maturing MBS assets, though the new 10-year note auction slightly tailed. (Bloomberg)

To see the full version of this daily update, please click here