{"id":9408,"date":"2023-05-10T00:00:00","date_gmt":"2023-05-09T17:00:00","guid":{"rendered":"http:\/\/mandiri.test\/uncategorized-id\/bond-market-commentary-april-2023-2\/"},"modified":"2026-01-19T16:36:25","modified_gmt":"2026-01-19T09:36:25","slug":"bond-market-commentary-april-2023-2","status":"publish","type":"post","link":"https:\/\/mandiri-invest.azdevs.my.id\/en\/market-update\/bond-market-commentary-april-2023-2\/","title":{"rendered":"Bond Market Commentary : April 2023"},"content":{"rendered":"
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Thicker Real Yield<\/h2>\n<\/div>\n<\/div>\n<\/div>\n
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US Treasury 10-year yield held up at around 3.4% – 3.6% in April 2023. The US investors are buying more long- term bonds as they expect The Fed will reach the peak of monetary policy. They see that the chance to own high- yield bonds is limited. Hence, the inverted yield curve will persist until the monetary policy changes its direction. Meanwhile, US retail investors are heavily buying US Treasury bills (Government bonds below 1 year) because big banks (JP Morgan Chase, Wells Fargo and Bank of America) are still by and large paying customers near-zero return on their deposits, even though the Fed has pushed official interest rates to a range of 4.75% to 5.00%.<\/p>\n

We view the domestic bond market performed well in April as IndoGb yield is stable at the range of 6.5% – 6,8%. The spread between benchmark yields was 310 \u2013 350 bps in April 2023. One of the factors that the yield can be maintained below 7% is flush liquidity in the domestic market. With the declining inflation rate, bond investors can benefit from a better real yield. Nevertheless, we expect volatility in the bond market is still high and hiding in short-duration funds is more sensible.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

 <\/p>\n<\/div>\n<\/div>\n<\/div>\n

Rekomendasi Produk<\/h2>\n\n\n\n\n\n\n\n
PRODUK<\/th>\n<\/tr>\n<\/thead>\n
MIDU<\/a><\/td>\nReksa Dana MIDU berinvestasi pada Instrumen Obligasi dengan segmen Jangka Menengah dan dikategorikan berisiko rendah – menengah.
\nInvestor memiliki risiko atas Portofolio Obligasi tersebut.<\/td>\n<\/tr>\n
IDAMAN<\/a><\/td>\nReksa Dana IDAMAN berinvestasi pada Obligasi Pemerintah Indonesia USD dengan durasi pendek dan dikategorikan berisiko menengah.
\nInvestor memiliki risiko atas Portofolio Obligasi tersebut.<\/td>\n<\/tr>\n
MIDO2<\/a><\/td>\nReksa Dana MIDO2 berinvestasi pada Obligasi Pemerintah Indonesia Rupiah dengan durasi panjang dan dikategorikan berisiko tinggi.
\nInvestor memiliki risiko atas Portofolio Obligasi tersebut.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

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<\/h3>\n

Info Lebih Lanjut<\/h3>\n

Hubungi Mandiri Investasi –\u00a0(021) 526 3505<\/a>
\nWhatsapp Mandiri Investasi – 0816 86 0003
\nEmail Mandiri Investasi – cs@mandiri-investasi.co.id
\nMandiri Investasi –\u00a0www.mandiri-investasi.co.id<\/a>
\nMoinves –\u00a0www.moinves.co.id<\/a><\/p>\n

 <\/p>\n

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 <\/p>\n

DISCLAIMER<\/em>
\n
\nPendapat yang diungkapkan dalam artikel adalah untuk tujuan informasi umum saja dan tidak dimaksudkan untuk memberikan saran atau rekomendasi khusus untuk individu atau produk keamanan atau investasi tertentu. Ini hanya dimaksudkan untuk memberikan edukasi tentang industri keuangan. Pandangan yang tercermin dalam konten dapat berubah sewaktu-waktu tanpa pemberitahuan. Seluruh data kinerja dan return investasi yang tertera di artikel ini tidak dapat digunakan sebagai dasar jaminan perhitungan untuk membeli atau menjual suatu efek. Data tersebut merupakan catatan kinerja berdasarkan data historis dan bukan merupakan jaminan atas kinerja suatu efek di masa mendatang. Investasi melalui reksa dana mengandung risiko. Investor wajib membaca dan memahami prospektus sebelum memutuskan untuk berinvestasi melalui reksa dana.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

US Treasury 10-year yield held up at around 3.4% – 3.6% in April 2023. The US investors are buying more long- term bonds.<\/p>\n","protected":false},"author":2,"featured_media":9409,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[368,382],"tags":[365],"class_list":["post-9408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","tag-english"],"acf":[],"yoast_head":"\nBond Market Commentary : April 2023 - Mandiri Investasi<\/title>\n<meta name=\"description\" content=\"US Treasury 10-year yield held up at around 3.4% - 3.6% in April 2023. 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