Bond yields edged lower on Monday as data showed U.S. added fewer jobs in September, tempering expectations of a near-term Federal Reserve rate increase.
In the global market, U.S. Treasuries ended little changed on Friday after data showed that U.S. employment growth unexpectedly slowed in September but was stronger in August than initially reported, and traders kept bets that the Federal Reserve is likely to raise rates in December. Furthermore, Oil prices fell over doubts that an OPEC-led plan to cut output would rein in a global oversupply that has dogged markets for over two years.
Back home, the yields on new 10 year Government Stock were trading 4 basis points lower at 6.81% from its previous close of 6.85% on Friday.
The benchmark five-year interest rates were trading 4 basis points lower at 6.70% from its previous close of 6.74% on Friday.