The Yield Movement Since Peak in 4Q23I want to check which series give the highest Yield to Maturity among Indonesia Government BondsLongby mmdcharts2
Indonesia Interest Rate, Inflation and Bond YieldHere are the relation between Indonesia Interest Rate (BI Rate then continue as BI 7D Reverse Repo Rate) and Inflation (YoY) also Indonesia Bond Yield and Inflation. I put Indonesia Rate as comparison.by mmdcharts0
ID10Y (SELL)A decelaration of the market and the RSI. We wait a breakout of the curved trendline and the reject of the black trendline. You can see this trendline in weekly timeset.Shortby axelodg2
Comparing COMPOSITE and Yield Spread Between US10Y and ID10YI compared the COMPOSITE and yield spread between the US10Y and ID10Y and discovered that whenever the spread reaches its peak, the Composite bottoms and then begins to move uptrend. Meanwhile, every time the spread reaches bottom, the Composite is peaking then start to move Downtrend. Currently, I think the spread is bottoming and that will lead to the composite moving downtrend soon.Shortby mmdcharts110
Indonesia Yield SpreadThese are the charts that I'm monitoring in order to see the Inverted Yield Curve. The Blue Line is a spread between ID10Y and ID05Y that indicate Benchmark and Short Term Yield. The Red Line is a spread between ID20Y that represents Long Term Yield and ID10Y as Benchmark.by mmdcharts4
The Spread Between ID10Y and US10Y Might Be LargerID10Y tend to rise to 9 : But US10Y tend to fall below zero level following other developed countries Bond Yield : I believe the spread between ID10Y and US10Y will be larger and might breach the highest spread since 2015 at this current spread of 7.5%. I don't believe the spread could reach a level in 2009 (a recovery after GFC) but the spread could easily reach 9% - 10%.by mmdcharts4
Yield Indonesia Bond 10 Yr to continue DowntrendYield Indonesia Bond 10 Yr is not touching Support at 7% but potentially Breakdown Support and continue to fall to reach 6.5% (at least). The Yield is still in Downtrend since Oct'18 at 9%. The downtrend is confirmed after the Yield broke Support at 7.2% on Oct'19.Shortby mmdchartsUpdated 2
ID10Y to continue DowntrendID10Y ends Pullback by falling from near-Resistance at 7.45%. This is one of the characteristics of Pullback. A pullback is also a confirmation that Downtrend is imminent. I predict ID10Y will continue its Downtrend until it reaches 6.5%.Shortby mmdchartsUpdated 113
Yield Indonesia Bond 10 Yr should fall soonThe spread between Indonesia Bond 10Yr with US Treasury 10Yr reached the highest level since the end of 2016. The spread is now at 5.8% wherein the beginning of 2018, the spread is only at 3.6% and 5.4% at the beginning of 2019. The latest increase of the spread (since Jul'19) is caused by the falling of UST 10Yr at high speed (from 2.1% to 1.5% in just a month!). Investor seems worried that the recession is cooking so they bought Risk-Free Asset such as Government Bond. The yield of US Treasury 10Yr (now at 1.55%) is soon to meet the lowest level in 2016 at 1.4%. This level is so low that it should act as Support (to hold further falling). Once the yield reached 1.4% (and assuming the Yield of Indonesia Bond 10Yr is still around 7.4%) that makes the spread rise to 6%. Judging by Indonesia is already at higher Investment Grade level (thanks to recent rating upgraded by S&P to BBB from BBB-) and the proposed government budget for 2020, the should be a Buying Interest soon for Indonesia asset. I believe Yield Indonesia Bond 10Yr could fall to 6.5% or at least 7% from current level at 7.4%.Longby mmdcharts5
Yield SUN10Yr Dalam Tren Turun Menuju 6.5%Yield SUN10Yr berpotensi melanjutkan Tren Turun menuju 6.5% setelah Breakdown Support di 7.45%. Kenaikan Yield di bulan awal April 2019 dari 7.45% menuju 8.2% terlihat sebagai Tech. Rebound yaitu kenaikan ditengah Downtrend (Tren Turun). Oleh karena itu, dengan Breakdown Support di 7.45% yang terjadi dipertengahan Jun'19 lalu, Yield mengonfirmasi Tren Turun dari level 8.6% di Okt'18 masih bertahan.Shortby mmdcharts111