Bonds from Tokyo to New York extended losses on Monday as inflation fears stoked investor wagers on rate hikes from global central banks. G7 finance ministers in a meeting in Paris looked to find common ground to tackle imbalances from the selloff.
Finance Minister Purbaya Yudhi Sadewa (left) and Bank Indonesia Governor Perry Warjiyo talk during a press conference on the results of a meeting of the Financial System Stability Committee (KSSK) in Jakarta, November 3, 2025. Purbaya urged banks to channel funds into credit market, instead of keep buying Bank Indonesia Rupiah Securities (SRBI) or government bonds (SUN), to accelerate economic growth. (Antara/Indrianto Eko Suwarso)
Most emerging market stocks were down on Monday while currencies were muted, after both assets logged declines last week, as inflation worries stemming from the deadlocked Iran war led to a rout in global bonds, dampening investor appetite.MSCI's index tracking global EM currencies was little changed, while the stocks gauge was down 0.3%. Both indexes had marked their biggest weekly losses last week since March 2 - just after the Iran conflict began.
Bonds from Tokyo to New York extended losses on Monday as inflation fears stoked investor wagers on rate hikes from global central banks. G7 finance ministers in a meeting in Paris looked to find common ground to tackle imbalances from the selloff.
