Bond Market Recap: Key Moves & New Issues | May 19, 2025

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BondWatch Editorial

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Overall Market Sentiment Market sentiment turned mixed across regions, largely influenced by softer US economic data. The US Treasury rally—with yields falling 8–11 bps—revived risk appetite and activated dip-buying flows at previously flagged support levels. However, the move produced uneven impacts, with Indonesian credit spreads widening 2–3 bps, reflecting local fragility despite broader constructive tone…....

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