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Indonesia's 10-year government bond yield reached 7.71% on October 29, its highest since May 2020, after a weak debt auction and rupiah slippage toward 18,200 per dollar. The government raised Rp20.65 trillion against a Rp30 trillion target, and Bank Indonesia is intervening in markets.
Higher borrowing costs and currency pressure squeeze Indonesian importers and feed producers, weakening demand for dollar-priced feed ingredients.
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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.