Bond yields edged lower on Thursday amid expectations strong foreign fund inflows seen over the past few sessions will persist and as the U.S. yields fell slightly, keeping local debt attractive.
In the global market, U.S. Treasury debt yields slid on Wednesday in generally light trading, pressured by lingering uncertainty surrounding the Trump administration's economic policy. Furthermore, Oil prices dipped ending two days of increases as record U.S. crude inventories outweighed a fall in gasoline stocks and disruptions in Libyan supplies.
Back home, the yields on new 10 year Government Stock were trading 4 basis points lower at 6.71% from its previous close of 6.75% on Wednesday.
The benchmark five-year interest rates were trading 1 basis point lower at 6.84% from its previous close of 6.85% on Wednesday.