Indonesian bonds caught in US-China crossfire

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Indonesian bonds caught in US-China crossfire

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HPN6MY Flag of Indonesia in a mixed stack of european coins and a blue background.(series) | Alamy Stock Photo

Long-dated dollar bonds issued by Indonesian companies have been taking a beating in the secondary market, with the country's high yield sector also expected to suffer from the negative impact of an ongoing trade war between two of the world's biggest economies.

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