Bond yields traded flat on Wednesday amid lack of fresh triggers. Meanwhile, investors remained cautious ahead of the conclusion of US Federal Reserve's two-day policy meeting and the BOJ meet later today amid fears that the UK might leave the European Union.
In the global market, US Treasury yields were little changed on Tuesday, hovering near four-month lows touched in early trading, as positive economic data on the U.S. economy was offset by growing fears about Britain leaving the European Union. Furthermore, Crude futures fell on Wednesday as mounting concerns about Britain's possible exit from the European Union and a surprise build in U.S. inventories left investors ignoring the IEA's declaration that the oil market is now in balance.
Back home, the yields on new 10 year Government Stock were trading flat from its previous close at 7.51% on Tuesday.
The benchmark five-year interest rates were trading flat from its previous close at 7.41% on Tuesday.