Investors Return to Safe Haven. Yields of all benchmark series Government Securities (SUN) recorded a decline earlier in the week. 10-year benchmark FR0091, leads yield decline by 2.5 bps to 6.68% level. The lack of new sentiment from within the country makes investors more inclined to pay close attention to global catalysts. The tug-of-war development of the situation in Ukraine will still be the main focus; where investors have the potential to rotate to defensive sectors and safe haven assets, one of which is Government Securities (SBN).

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