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Daily Economic Research

22 May 2024

KBVS ECONOMIC RESEARCH
Wednesday, 22 May 2024

Macro Highlight :
The majority of global government bond yields experienced a decline in yesterday's trading session. Today, the release of the UK CPI, US Existing Home Sales, and the FOMC Meeting Minutes are likely to be the main focus globally.

The yields on SUN exhibited mixed movements in yesterday's trading session. Today, market participants will primarily focus on the results of the Bank Indonesia Board of Governors' meeting (RDG BI), alongside regional and global developments

We anticipate an increase in the 10Y SUN yield today (22 May ‘24), projecting it to range between 6.78% and 6.98%.

 

Regards,    
KBVS Research Team

 

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