SUN Market Strengthens Limited. The benchmark series of Government Bonds (SUN) recorded a decline in yield over the weekend, amid negative sentiment, after the Government announced the discovery of the first Omicron variant of the Covid-19 case in Indonesia. As for external sentiment, signals from the Fed to raise interest rates next year; began to put pressure on growth-based sectors such as technology. The benchmark 20-year SUN yield returned to the psychological 7% level.
Download full report HERE.
