The 10-Year Govt Bond Yield has been stuck to show an increase

14 September 2020

Research

After the 10-Year Govt Bond Yield Reacked its lowest level since Apr 2020, at 6.7% on aug 25, the trend of the 10-year govt bond yield has been stuck to show an increase, with the last level of 6.97% on Sep 11 , 2020, Growing by 4bps from Sep 4. This growth is in line with the 10-year Indonesian CDS, which is increased by 5 bps from 4 Sep to 158 bps on 10 Sep 2020. The Rupiah Exchange Rate Against the USD Also Weakened by 0.95 % in the past week, to a level of Rp14,890 per USD on 11 Sep.Euro Zone Govts Must Keep Spending Heavily to Aid the Bloc`s Recovery from Its Historic Pandemic-Induced Recession, Complementary Already Super-Easy Monetary Policy, ECB President Christine Lagarde said on Sunday. With debt levels blowing past 100%of GDP this year, concerns are riding that politicians will struggle to push through more support and some subsidies, raising the risk that employee and income schemes could eld. (Reuters) Markets are looking to the fed to be a soothing force when it is in the week ahead, but stocks could be choppy if the central bank is displayed and as investors focus on the election and the economic recovery. The Fed’s Two-Day Meeting is expected to end wednesday with minor tweaks to its statement and some Clarity on how it plans to use forward guidance. (CNBC) Source: Danareksa Sekuritas Debt Researchphoto by Joshua Ness on UNSplash