Daily Economic Research

KBVS ECONOMIC RESEARCH
Friday, 19 June 2026

Macro Highlight :
The yield on the UST10Y fell to 4.44% (Prev: 4.46%) on Thursday, partially reversing the increase recorded in the previous session as investors reassessed the Fed’s policy outlook following FOMC meeting. Looking ahead, investors are expected to continue monitoring geopolitical developments alongside the release of Japan CPI, Germany PPI, and UK Retail Sales data as key drivers of near-term market direction.

Bank Indonesia raised the BI Rate by 25 bps to 5.75% to address continued pressure on the rupiah amid rising expectations of a Federal Reserve rate hike by year-end. Looking ahead, investors are expected to continue monitoring geopolitical developments alongside the implications of BI’s policy stance and future monetary policy direction as key drivers of near-term market direction.

We anticipate a marginal increase in the 10Y SUN yield today (19 Jun ‘26), projecting it to range between 6.93% and 7.13%.

 

Regards,
KBVS Research Team

 

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Unduh