Bond yields traded flat on Friday on hopes of further rate cuts by the central bank after data showed that inflation based on consumer price index dipped to 13-month low in September.
In the global market, U.S. Treasury prices rose on Thursday as weak Chinese data pushed investors to buy safe-haven government debt after two straight days of selling. Furthermore, Oil prices edged up, pushed by a tighter U.S. fuel market and as technical indicators attracted buying from financial players.
Back home, the yields on new 10 year Government Stock were trading flat at its previous close at 6.83% on Thursday.
The benchmark five-year interest rates were trading flat at its previous close at 6.73% on Thursday.
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