Indonesian government bond yields moved mixed, with the 5Y rising 1.9 bps to 6.54% while the 10Y eased 0.3 bps to 6.83%, resulting in a flatter 5Y–10Y curve, while the INDOBeX Composite inched up 0.02% to 432.975. Macro updates highlight stronger global bond demand amid rising Middle East tensions, firmer palm oil prices following Indonesia’s biodiesel expansion push, and slightly lower U.S. T-bill yields, while on the credit side PEFINDO maintained stable ratings for SMBR and DSSA, supported by parent backing and solid group credit profiles despite profitability and project execution risks.