Indonesia at times felt uncomfortably close to the center of this year’s emerging-market selloff as bond yields rose for five straight months and the rupiah slid more than 6 percent, Bloomberg News reported. Some funds are now saying it’s time to get back in. Loomis Sayles & Co. is looking to boost holdings of Indonesian bonds, citing sound domestic fundamentals and inflation that is close to target. Western Asset Management Co. says a proactive central bank and the recent increase in yields may be creating a buying opportunity for the nation’s dollar-denominated debt. “Indonesia’s response to the wider emerging-market turmoil has been ahead of the curve,” said Desmond Soon, Singapore-based head of investment management for Asia ex-Japan at Western Asset, which oversees $420 billion. “We should be buying as Indonesia’s dollar bond yields rise when there is no material increase in default risk -- rather than selling.” Read more.