Bond yields edged lower on Tuesday after recent estimates indicate that Hillary Clinton is most likely to emerge victorious in the US presidential elections.
In the global market, U.S. Treasury yields rose on Monday, as risk appetite improved after the Federal Bureau of Investigation cleared Democratic presidential candidate Hillary Clinton of any wrongdoing in the use of a private email server. Furthermore, Oil prices were stable after posting strong gains the previous day, with investors piling money into financial markets in expectation that Democrat Hillary Clinton would win the U.S. presidential election.
Back home, the yields on new 10 year Government Stock were trading 1 basis point lower at 6.83% from its previous close of 6.84% on Monday.
The benchmark five-year interest rates were trading 1 basis point higher at 6.74% from its previous close of 6.73% on Monday.