The signals in Indonesian bonds

In October 2025, my signals said Indonesian 10 year bonds were a sell.

Its yield was trading at 5.9% and registering at a host of my extreme measures.

During the week of March 23, 2026, when they were trading between 6.8% and 6.9%, the Indonesian 10’s were a buy.

And somewhere in between (around January 27, 2026), MSCI issued a significant warning about the investability and transparency of Indonesian stocks, which caused a major market rout.

April 18, 2026

rob@karriasset.com.au