Bank Indonesia's weekly release reports the rupiah closed at 14,875 per dollar on February 2, with the 10-year government bond yield falling to 6.58%. Non-residents were net buyers of roughly Rp4.96 trillion in domestic financial markets over January 30 to February 2.
Five-year Indonesian CDS premiums fell to 75.81 basis points.
Foreign inflows into local bonds support the rupiah, which lowers the cost of dollar-priced feed imports for Indonesia. Improving sentiment also tends to support the country's commodity export receipts.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.