Indonesia’s 10-year bond yield increased to 6.74%, rebounding from recent subdued levels and mirroring gains in U.S. Treasuries ahead of April CPI data, which may shed light on how the Iran conflict is rippling through the global economy. Domestic signals added pressure, with retail sales growth in March slowing to a nine-month low and April consumer confidence hovering near a five-month trough. Concerns also lingered that escalating Middle East tensions could lift energy costs and disrupt supply chains, despite easing domestic inflation for April. Still, losses were partly contained by reports that the government plans to launch a bond stabilisation fund to support the debt market amid rising yields and persistent capital outflows.