Indonesia's President-elect Prabowo Subianto. — Bloomberg
JAKARTA: The fate of indonesia’s jittery bond market may well hinge on who president-elect Prabowo Subianto chooses as his finance minister.
A technocrat like incumbent Sri Mulyani Indrawati, a former World Bank managing director credited with tackling the debt load, will be crucial for avoiding another costly run-up in yields, according to investors.
