All benchmark government bonds (SUN) prices closed under pressure in line with the rising risk appetite of market players, amid optimism for the development of the Covid-19 vaccine. The Food and Drug Administration (BPOM) released an emergency distribution permit for the Sinovac vaccine from China, triggering stock buying and closing the JCI up 125 points. In addition, pressure on the domestic bond market was also influenced by the appreciation of the US dollar, after global investors began to become interested in high yields of US bonds. The Jakarta Interbank Spot Dollar Rate (JISDOR) reference rate depreciated 0.69% to IDR 14,155 / USD. Investors are interested in the 10-year UST, which is currently at a high of 1.15% or 23 bps higher than the end of 2020.

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