Bond yields edged marginally lower on Tuesday as investor sentiments remains subdued amid growing possibility of a U.S. Federal Reserve rate increase next week.
In the global market, U.S. Treasury yields were steady in a tight trading range on Monday with two-year yields holding below a 7-1/2-year peak, as investors made room for this week's hefty sale of government and corporate bonds. Furthermore, Oil prices were little changed for a third session, with investors searching for direction as concern over rising U.S. shale output offsets production cuts by OPEC and non-OPEC members.
Back home, the yields on new 10 year Government Stock were trading 1 basis point lower at 6.86% from its previous close of 6.87% on Monday.
The benchmark five-year interest rates were trading flat at its previous close at 7.07% on Monday.