Prabowo spooks bond investors, raising stakes for finance chief


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.

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