Indonesia`s Sovereign Bonds Rose in Subdued Post-Holiday Trade

27 December 2019

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Indonesia`s Sovereign Bonds Rose in Subdued Post-Holiday Trade While the Held Near a Three-Month High with Sentiment Supported by Improving U.S.-China Trade Ties. The 10-Year Yield dropped 2bps to a three -week low of 7.12%, it has fallen about 91bps so far this year. (Bloomberg) U.S. Treasury Yields were little changed on after-thinned trading, while the last major auction of the year SAW Solid Demand. At about 1:45 P.M. Et the yield on the benchmark 10-year treasury note, which moves inversely to price, was lower at 1,896%, while the yield on the 30-year treasury bond also fell at 2,328%. The Treasury Department Auctioned $ 32 Billion of 7-Year Notes, Both the Last Major Event for U.S. Government bonds this week as well as the last auction of 2019. This month`s 7-year note auce auce SAW the Strongest Demand since September, with an improving bid-to-cover from Last Last Month. (CNBC)