Indonesian market triple hit: stock market plunges 4%, exchange rate falls to record low, 10-year bond yields rise by 33 basis points.

The Indonesian financial market saw a sharp decline on Monday, with the country's bonds, stocks, and currency all falling simultaneously. The yield on the country's 10-year government bonds surged by 33 basis points, reaching a new high in over a year. The benchmark stock index plummeted by 4% at one point before narrowing its losses, and the Indonesian rupiah dropped by 0.8% to a record low. Faced with persistent selling pressure in the market, Indonesia is facing increasing demands for more concrete measures to curb the selloff, in addition to verbal assurances from the government. Investors are seeking stronger signals to confirm that authorities will maintain policy discipline and support the market. Concerns are growing about the government's ability to manage the economy, the confusion caused by new export rules for commodities, and a reassessment of Indonesia's sovereign credit status, all of which have shaken investor confidence.