Indonesian Bonds Back on Menu as Asia High-Yielders Lure Inflows
- Attractive real rates are driving a return in inflows: DBS
- Indian, Philippine debt also recovering amid slump in crude
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Indonesian debt is closing in on its best month in three years as Asia’s high-yielders move back onto investors’ radar.
Rupiah bonds are among the region’s best performers in November as global funds resume their search for yield in a buying spree that’s also lifted Indian and Philippine securities. A slew of measures from Indonesian policy makers and stabilization in emerging-market sentiment have helped fuel the gains.