Daily Economic Research
KBVS ECONOMIC RESEARCH
Thursday, 03 July 2025
Macro Highlight :
Global government bond yields experienced mixed movements in yesterday's trading session. Today, attention will turn to the upcoming release of key U.S. labor market data, including Average Hourly Earnings, weekly Initial Jobless Claims, Nonfarm Payrolls, and the Unemployment Rate—all of which are expected to be major drivers of global market sentiment.
Indonesia’s bond market extended its upward trend, with the ICBI rising by +0.03% and the ISIX gaining +0.09%. Looking ahead, market participants will closely monitor regional and global developments to inform their portfolio positioning and shape expectations regarding future policy direction.
We anticipate a marginal increase in the 10Y SUN yield today (3 Jul ‘25), projecting it to range between 6.51% and 6.71%.
Regards,
KBVS Research Team
Please click download button below for full report.
Download